Connect with us

Published

on

A number of Conservative MPs have told Sky News they do not think the government will follow through and actually introduce domestic vaccine passports.

The prospect of people having to prove their COVID-19 status to access a range of venues has been raised in recent weeks.

Boris Johnson has already said that individuals will need to be fully vaccinated to go to nightclubs from the end of September – and proof of a negative COVID test will no longer be sufficient.

Please use Chrome browser for a more accessible video player

Vaccine passports for Premier League games?

Universities, music events and sporting fixtures have all been mentioned as possible other settings for certification.

More than 40 Conservatives recently signed a declaration from the campaign group Big Brother Watch expressing opposition to the idea.

Sir Graham Brady, chairman of the 1922 Committee of backbench Tories, told Sky News that vaccine passports for domestic use would be a “massive step and a misguided one”.

“The policy would discriminate against the young, against those who have medical or ethical reasons why they can’t be vaccinated and many ethnic minority groups,” he said.

More on Covid-19

“Fundamentally, people’s decision on whether to be vaccinated or not must be a personal decision for them to make based on their own assessment of the benefits and risks.”

Some Tory MPs contacted by Sky News say they think the prime minister is bluffing in a bid to increase vaccine uptake, while others expressed their belief that the government would pull any vote on the matter if there is a realistic prospect of them losing.

“I don’t think they will,” Wellingborough MP Peter Bone said when asked if he thinks the government will follow through and introduce vaccine passports.

Please use Chrome browser for a more accessible video player

Govt ‘reserves right’ to mandate jab passport use

Mr Bone said he thinks ministers want to “nudge” young people into getting the jab by raising the prospect of them needing to be fully vaccinated to access venues like nightclubs.

He said he was against vaccine passports because they are “identity papers by the back door” and risked creating a “two class society”.

Craig Mackinlay, meanwhile, said he thinks the government is adopting a “carrot and stick approach” to increase vaccine take-up.

“I hope that is as far as these plans go,” the MP for South Thanet said.

“I really do believe that,” Mr Mackinlay added, referencing his view that vaccine passports ultimately will not be introduced.

He said the policy would entail a “massive change to the relationship between the state and the individual”, highlighting the possibility of vaccine passports for universities as a “very dangerous step”.

Please use Chrome browser for a more accessible video player

Will vaccine passports be introduced for pubs?

“Broadly we are a party that believes in individual freedom,” he said.

Sky News has been told that if the matter was put to a vote, as many as 50 Conservative MPs could vote against.

A senior Tory MP said there was an “almost universal objection” in the parliamentary party to vaccine passports.

They added that they would be “very surprised” if the measure made it through without Labour support, adding that the “only thing” that will stop the government trying to implement the policy is if they were “convinced” they would lose a Commons vote.

Mr Bone said fellow Tories in parliament were “quite horrified” about the prospect and a “significant number” would vote against the government if it comes to it.

And he expressed the view that Cabinet Office minister Michael Gove is the driving force behind the policy, rather than the PM.

Please use Chrome browser for a more accessible video player

Double jab will be needed for nightclub entry

Andrew Bridgen described vaccine passports as “completely unnecessary, bureaucratic and unworkable”, adding that they would “create a divided society”.

He accused the government of engaging in “sabre-rattling” as part of a “crude attempt to coerce young people to take the vaccine”.

The North West Leicestershire MP said he thinks the government will pull any Commons vote on the matter if there is the prospect of a defeat.

If it is put to MPs, Mr Bridgen said it will be a “defining moment for Boris Johnson’s premiership and future of the Conservative Party”.

One Conservative MP who is in favour of the idea is Sir Roger Gale, who represents North Thanet.

“I have no problem with them at all, I think they’re a very good thing,” he told Sky News when asked about vaccine passports.

Sir Roger said the policy is a “no-brainer” and he would vote for it, but he acknowledged there may be an “element of bluff” in it to drive up vaccination numbers.

Were vaccine passports to become a reality, he said they should not “morph into an ID card” and should have an “expiry date”.

A government spokesperson said: “There has been no change to our plans to introduce vaccine certification in September.

“The government is focussed on protecting the public and reducing the impact of the virus, including mandating COVID certification in certain settings.

“Vaccines are the best possible way to protect you and your family against the virus and we strongly encourage people to come forward.”

Continue Reading

Politics

Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves

Published

on

By

Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves

Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves

Lawmakers in the US states of Minnesota and Alabama filed companion bills to identical existing bills that if passed into law, would allow each state to buy Bitcoin.

The Minnesota Bitcoin Act, or HF 2946, was introduced to the state’s House by Republican Representative Bernie Perryman on April 1, following an identical bill introduced on March 17 by GOP state Senator Jeremy Miller.

Meanwhile, on the same day in Alabama, Republican state Senator Will Barfoot introduced Senate Bill 283, while a bi-partisan group of representatives led by Republican Mike Shaw filed the identical House Bill 482, which allows for the state to invest in crypto, but essentially limits it to Bitcoin (BTC).

Twin Alabama bills don’t explicitly name Bitcoin

Minnesota’s Bitcoin Act would allow the state’s investment board to invest state assets in Bitcoin and other cryptocurrencies and permit state employees to add crypto to retirement accounts.

It would also exempt crypto gains from state income taxes and give residents the option to pay state taxes and fees with Bitcoin.

Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves

Source: Bitcoin Laws

The twin Alabama bills don’t explicitly identify Bitcoin, but would limit the state’s crypto investment into assets that have a minimum market value of $750 billion, a criterion that only Bitcoin currently meets.

26 Bitcoin reserve bills now introduced in the US

Introducing identical bills is not uncommon in the US and is typically done to speed up the bicameral legislative process so laws can pass more quickly.

Bills to create a Bitcoin reserve have been introduced in 26 US states, with Arizona currently the closest to passing a law to make one, according to data from the bill tracking website Bitcoin Laws.

Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves

Arizona currently leads in the US state Bitcoin reserve race. Source: Bitcoin Laws

Pennsylvania was one of the first US states to introduce a Bitcoin reserve bill, in November 2024. However, the initiative was reportedly eventually rejected, with similar bills also killed in Montana, North Dakota, South Dakota and Wyoming.

Related: North Carolina bills would add crypto to state’s retirement system 

Law, Bitcoin Regulation, United States, Policy, Bitcoin Reserve

Montana, North Dakota, Pennsylvania, South Dakota and Wyoming are the five states thathave rejected Bitcoin reserve initiatives. Source: Bitcoin Laws

According to a March 3 report by Barron’s, “red states” like Montana have faced setbacks to the Bitcoin reserve initiatives amid political confrontations between the Democratic Party and the Republican Party.

Additional reporting by Helen Partz.

Magazine: Financial nihilism in crypto is over — It’s time to dream big again

Continue Reading

Politics

US House committee passes stablecoin-regulating STABLE Act

Published

on

By

US House committee passes stablecoin-regulating STABLE Act

US House committee passes stablecoin-regulating STABLE Act

Update (April 3, 5:43 am UTC): This article has been updated to add information on the STABLE Act and GENIUS Act.

The US House Financial Services Committee has passed a Republican-backed stablecoin framework bill, which will now head to the House floor for a full vote.

The Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, with a 32-17 vote on April 2, with six Democrats voting in favor.

The bill was introduced on Feb. 6 by committee Chair French Hill and the chair of its Digital Assets Subcommittee, Bryan Steil — reportedly drafted with the help of the world’s largest stablecoin issue, Tether.

US House committee passes stablecoin-regulating STABLE Act

Source: Financial Services GOP

The bill would provide rules around payment stablecoins, a crypto token tied to a currency such as the US dollar, and aims to ensure issuers give information about their business and how they back their tokens.

During an earlier markup session, the committee’s leading Democrat, Maxine Waters, who later voted against the bill, criticized her Republican peers for “setting an unacceptable and dangerous precedent” with the STABLE Act.

She said President Donald Trump could use the bill to allow his family’s stablecoin to be used in government payments, and argued the bill validates Trump “and his insiders’ efforts to write rules of the road that will enrich themselves at the expense of everyone else.”

In late March, the Trump family’s World Liberty Financial crypto venture launched a stablecoin, World Liberty Financial USD (USD1). Meanwhile, the US Housing Department, which oversees social housing, was reportedly looking to experiment with using stablecoins for some of its functions.

Stablecoin GENIUS Act also weaves through Congress 

Other stablecoin-related bills are also working their way through Congress, including the Republican-led Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, which lays out oversight and reserve rules for issuers.

Related: Crypto has a regulatory capture problem in Washington — or does it?

The US Senate Banking Committee voted through the GENIUS Act in an 18-6 vote on March 13, after Senator Bill Hagerty, one of the bill’s co-sponsors, updated it following consultation with the Committee’s Democrats.

Before the vote, Democratic Senator Kirsten Gillibrand said the updated GENIUS Act made “significant improvements to a number of important provisions” in areas such as consumer protections and authorized stablecoin issuers.

Both the STABLE Act and GENIUS Act will now wait until debate time on the floor of the House and Senate, respectively, before they head for a floor vote.

Crypto journalist Eleanor Terrett reported on X that two unnamed crypto lobbyists said there is likely to be “a coordinated push behind the scenes over the next few weeks to get the two bills to mirror each other, as there are still some differences between them.”

Doing so would “avoid having to set up a so-called conference committee which is formed so members from both chambers can negotiate to create a final version of the bill everyone agrees on,” she added.

Magazine: How crypto laws are changing across the world in 2025

Continue Reading

Politics

‘My lawyers are ready’ for questions about corruption claims, ex-minister tells Sky News

Published

on

By

'My lawyers are ready' for questions about corruption claims, ex-minister tells Sky News

Tulip Siddiq has told Sky News her “lawyers are ready” to handle any formal questions about allegations she is involved in corruption in Bangladesh.

Asked whether she regrets apparent links with the Bangladeshi Awami League political party, Ms Siddiq said “why don’t you look at my legal letter and see if I have any questions to answer… [the Bangladeshi authorities] have not once contacted me and I’m waiting to hear from them”.

The London MP resigned as a Treasury minister in January after being named in several corruption inquiries in Bangladesh.

In her first public comments since leaving government, Ms Siddiq said “there’s been allegations for months on end and no one has contacted me”.

Last month, the interim leader of Bangladesh told Sky News the MP had “wealth left behind” in the country “and should be made responsible”.

Lawyers acting for Ms Siddiq wrote to the Bangladeshi Anti Corruption Commission (ACC) several weeks ago saying the allegations were “false and vexatious”.

The letter said the ACC must put questions to Ms Siddiq “by no later than 25 March 2025” or “we shall presume that there are no legitimate questions to answer”.

More on Bangladesh

Please use Chrome browser for a more accessible video player

Staff from the NCA visited Bangladesh as part of initial work to support the interim government in the country.

In a post online today, the former minister said the deadline had expired and the authorities had not replied.

Sky News has approached the Bangladeshi government for comment.

The allegations against Ms Siddiq are focused on links to her aunt Sheikh Hasina – who served as the prime minister of Bangladesh for 20 years.

Ms Hasina was forced to flee the country in August following weeks of deadly protests.

She is accused of becoming an autocrat, with politically-motivated arrests, extra-judicial killings and other abuses allegedly happening on her watch. Hasina claims it’s all a political witch hunt.

Electrocuted on their genitals and mouths sewn up: Inside Bangladesh’s ‘death squad’ jails

Ms Siddiq was found to have lived in several London properties that had links back to the Awami League political party that her aunt still leads.

She referred herself to the prime minister’s standards adviser Sir Laurie Magnus who said he had “not identified evidence of improprieties” but added it was “regrettable” Ms Siddiq had not been more alert to the “potential reputational risks” of the ties to her aunt.

Ms Siddiq said continuing in her role would be “a distraction” for the government but insisted she had done nothing wrong.

Continue Reading

Trending