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General · 18 June 2026

Nigel Farage pushed against Bank digital pound

Nigel Farage pushed against Bank digital pound

People could see changes in digital money use if a state-backed pound proceeds, a proposal linked in the article to demand for private stablecoins. On 18 June 2026, a report said the Reform UK leader urged Andrew Bailey at a private meeting to drop the Bank's cryptocurrency project. Christopher Harborne has given £25m to Reform UK, and owns a 12% stake in Tether.

Reported by The Guardian · How we write briefs

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