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Edwin Poots has resigned as leader of the DUP after less than a month in the post.

Mr Poots is standing down following an internal revolt against him but will stay in post until a successor is elected.

Speaking on Thursday evening Mr Poots said: “I have asked the Party Chairman to commence an electoral process within the Party to allow for a new leader of the Democratic Unionist Party to be elected.

“The Party has asked me to remain in post until my successor is elected.

“This has been a difficult period for the Party and the country and I have conveyed to the Chairman my determination to do everything I can to ensure both Unionism and Northern Ireland is able to move forward to a stronger place.”

On Thursday, a meeting of DUP party officers was held in Belfast following speculation that a revolt to oust Mr Poots could be on the cards with him potentially facing a vote of no confidence.

Earlier, Mr Poots formally nominated Lagan Valley MLA Paul Givan as Northern Ireland’s new first minister at a special sitting of the Stormont Assembly.

But a significant majority of the DUP representatives opposed the decision.

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Kentucky joins growing list of US states to introduce Bitcoin reserve bill

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Kentucky joins growing list of US states to introduce Bitcoin reserve bill

Kentucky’s bill is a “massive vote of confidence in Bitcoin” that brings the US closer to a federal Bitcoin reserve.

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Japan asks Apple, Google to remove unregistered crypto exchange apps

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Japan asks Apple, Google to remove unregistered crypto exchange apps

Japan’s Financial Services Agency said the action was not about “shutting down crypto investing,” but “drawing a line in the sand” for noncompliant exchanges.

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US lawmakers propose stablecoin bill to boost dollar dominance

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US lawmakers propose stablecoin bill to boost dollar dominance

House Financial Services Committee Chairman French Hill said they would work with the Trump administration to deliver dollar-backed stablecoins for Americans.

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