Should Parliament launch an inquiry into Farage's Bitcoin deal?
Reform UK leader and MP Nigel Farage holds a 6.3% stake in Stack BTC, a UK-listed Bitcoin treasury firm chaired by former Chancellor Kwasi Kwarteng. Stack BTC recently bought £2 million ($2.7 million) worth of Bitcoin, bringing holdings to 68 BTC, with Farage featured in a promotional video as the first sitting MP to publicly back such a purchase. Liberal Democrats have called for a financial regulator inquiry into his promotion, amid UK plans to ban crypto political donations and questions over MPs' financial interests.
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