Reform's Farage Sets Out Trump-Style Bid to Make UK a Crypto Hub
Farage will unveil plans to put a new 'crypto bill' before Parliament if his party wins the next election with the aim of turning the UK into a 'crypto powerhouse,' according to remarks previewed by his party. The legislation will include a cut in capital gains tax on crypto investments to 10% from the current headline 24% rate, the creation of a two-year regulatory sandbox to help the City of London innovate, and provisions making it illegal to restrict services for people who want to pay with crypto.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Washington Post
7 minutes ago
- Washington Post
European leaders to join Trump-Zelensky meeting, presenting united front
KYIV — European leaders will join Ukrainian President Volodymyr Zelensky when he meets with President Donald Trump in Washington D.C. on Monday, presenting a united front to help Zelensky navigate what Ukrainians anticipate could be a high-stakes and potentially emotional meeting on which Ukraine's future could hinge.
Yahoo
19 minutes ago
- Yahoo
Cue the Popcorn: Kremlin Boasts Putin and Trump Will Hold Joint Press Conference
The Kremlin has announced that Donald Trump and Vladimir Putin will hold a joint press conference following their highly anticipated talks in Alaska on Friday, setting up another potential disaster for the U.S. president. Russian presidential aide Yuri Ushakov confirmed the conference will take place after Trump and Putin hold an initial one-on-one meeting with interpreters in Anchorage, Russian state-owned news agency Interfax reported. Negotiations over a Ukraine ceasefire are expected to dominate Friday's summit. Trump has grown increasingly frustrated with Putin for ignoring his pleas for a peace deal and continuing to kill civilians and bombard Ukrainian cities. On Wednesday, Trump threatened Putin with 'severe consequences' if Russia did not end the war, without specifying further. The Kremlin announced the press conference before any confirmation from the White House, a move suggesting Moscow was keen to get the word out. The last time Trump and Putin shared a podium was in 2018 in Helsinki, where Trump was widely seen as weak and powerless for failing to challenge or denounce Putin, and even hoped for an 'extraordinary relationship' between them to blossom. During the infamous press conference, Trump dismissed the assessment of his own intelligence agencies who concluded that Russia had intervened in the 2016 election, and instead sided with the Russian leader's assessment. 'President Putin, he just said it's not Russia. I don't see any reason why it would be,' Trump said while standing right next to Putin. 'It will be remembered as the most appalling public display of capitulation by a U.S. president to a Kremlin leader ever,' Michael McFaul, former U.S. ambassador to Russia, wrote in a July 2018 opinion piece The Washington Post. The press conference in Helsinki was so painful to watch that Fiona Hill, Trump's then top Russia adviser, later told the BBC she considered 'faking some kind of medical emergency and throwing myself backwards with a loud blood curdling scream into the media' to get it to end. Ahead of the Alaska summit, experts are questioning whether Trump will stick to his recent tough-guy act or fold to Putin again. 'It's a reasonable concern to think that Trump will be bamboozled by Putin and cut a terrible deal at Ukraine's expense,' Dan Fried, a diplomat and former U.S. ambassador to Poland, told Reuters. '[But] There's a reasonable prospect that the administration will wake up to the fact that Putin is still playing them.' The White House did not immediately respond to a request for comment from the Daily Beast.
Yahoo
19 minutes ago
- Yahoo
Trump Leaves Alaska With Nothing Except a Lecture From Preening Putin
President Donald Trump has ended his high-stakes Russia summit without announcing a deal to end the war in Ukraine, despite rolling out the red carpet for Vladimir Putin as the first U.S. president in years to invite him to America. After a ride in the presidential limousine, a military flyover, and three hours of talks, a somewhat subdued Trump told reporters in Alaska: 'We didn't get there—but we have a very good chance of getting there.' Both leaders said they made progress on ending the bloody conflict that Putin started in February 2022 when his forces invaded Ukraine. During a press conference lasting only a few minutes, Trump and Putin spoke of an agreement of sorts, but gave no details, took no questions, and made no mention of a ceasefire. 'There's no deal until there's a deal,' Trump said. 'I will call up NATO in a little while. I will call up the various people that I think are appropriate, and I'll, of course, call up President Zelensky and tell them about today's meeting. It's ultimately up to them.' The lack of an announcement is likely to fuel claims that Putin was using the meeting as a stalling tactic to stave off further U.S. sanctions. The Russian authoritarian has been frozen out by the West for years, and his visit has been depicted in Moscow as a win for the Kremlin. At the press conference, Putin addressed the room first, and then spoke for eight-and-a-half minutes about the history of the two nations, his desire for more business ties with America, and flattered the American president by agreeing that the war would not have happened if Trump had been in office. He also told reporters that he greeted Trump on the tarmac in Alaska by saying, 'Good afternoon, dear neighbor—very good to see you in good health and to see you alive.' But Putin also made the point that in order to make a 'lasting and long-term' end to the war, 'we need to eliminate all the primary root causes' of the conflict in Ukraine. This is viewed as shorthand for Putin's hardline demands, which have repeatedly been rejected: that Ukraine disarms, gives up a large part of its land to Russia, and swears off joining NATO. Friday's summit in Alaska's Joint Base Elmendorf–Richardson was the first time Putin has been on U.S. soil in 10 years. It was also the first time a U.S. president has given the VIP treatment to a Russian leader who faces an arrest warrant for war crimes issued by the International Criminal Court as well as being sanctioned by the U.S. government. Ahead of the meeting, Trump said that he hoped to broker a ceasefire with Putin but was prepared to 'walk out' if they failed to reach a deal. He had also previously warned Putin of 'very severe consequences' if he didn't agree to a ceasefire, including potentially harsh new sanctions that would ramp up economic pressure on Russia. But no mention was made of this on Friday, and Trump ultimately left without taking questions from the hundreds of assembled journalists. 'It was a nothing burger,' said Democratic Senator Richard Blumenthal, who has co-sponsored a proposal with Republican Lindsey Graham for 'bone-crushing' sanctions against Russia. Before they left, Trump told Putin: 'Probably see you again very soon,' to which Putin replied in English: 'Next time in Moscow.' 'Ooh, that's an interesting one,' Trump said. 'I'll get a little heat on that one, but I could see it possibly happening.'
