Grant Shapps has defended France’s position on the UK’s ‘amber plus’ travel list, saying the decision was made due to cases of the Beta coronavirus variant in the north of the country.
On Wednesday, Foreign Secretary Dominic Raab said the move was made because of the “prevalence of the so-called Beta variant, in particular in the Reunion bit of France“.
Reunion, a French island in the Indian Ocean, is 6,000 miles from Paris.
Image: French minister Clement Beaune said the UK government should use ‘common sense’ and review the matter ‘as quickly as possible’.
But the transport secretary told Kay Burley the variant is also “an issue” in northern parts of the country.
“The Beta variant, it is not just – as has been reported – on an island thousands of miles away, it was also an issue in particular in northern France. So it has been an overall concern,” Grant Shapps told Sky News.
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“And look, the big concern is that we don’t allow a variant in which somehow is able to escape the vaccine programme that we have got.
“We don’t want to have got this far with vaccinations, with just getting towards 90% of all adults having been vaccinated, and then throw it all away because a variant that the vaccine perhaps couldn’t handle came in.
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“Now all the evidence on all of that has been pulled together – the latest research on how the vaccine works with the Beta variant, the scale of the Beta variant and France and the rest of it – and then these decisions will, of course, be constantly reviewed which is exactly what will happen.”
It comes after a French minister described the UK government’s decision to keep quarantine measures for travellers coming from France while removing them for all other European countries as “discriminatory” and “excessive”.
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The foreign secretary told Kay Burley more countries will soon be added to the amber and green travel lists.
Earlier this week, Mr Shapps confirmed England would allow fully vaccinated visitors from both the EU and the United States to arrive without needing to quarantine from 2 August.
But he added that tougher rules will continue to be in place for France, which, although on the amber list, still requires travellers to quarantine on their return regardless of their vaccine status.
Mr Shapps said this advice would be reviewed at “the end of next week” as part of an ongoing assessment of travel rules.
But French Europe minister Clement Beaune described the move as “incomprehensible on health grounds” and accused the UK government of making decisions “not based on science”.
“It’s excessive, and it’s frankly incomprehensible on health grounds,” Mr Beaune told French TV channel LCI.
“It’s not based on science and [it’s] discriminatory towards the French.”
Mr Beaune said the UK government should use “common sense” and review the matter “as quickly as possible”.
Image: Grant Shapps said the situation with France and other countries will be kept under review
He added that the French government are not planning to place any increased measures on British citizens “for now”.
When Mr Beaune’s comments were put to him on Sky News, Mr Shapps said he understood the disappointment but disagreed with the French minister’s claim that the UK government are not following the science with decision making.
“It is always disappointing for any country to be anything other than on our green list, I appreciate that,” the transport secretary said.
“I spoke to my opposite number Jean-Baptiste just yesterday and we agree we’ll always follow the science on these things and make sure as we can be satisfied over whichever the variants are and whatever the prevalence is that the Joint Biosecurity Centre recommendations to us are followed.”
Mr Shapps added that he is “looking forward to the whole world being more accessible”.
Currently, only people who received two vaccines in the UK can avoid quarantine when arriving from amber list countries.
The UK government said the rule change would help to reunite family and friends whose loved ones live abroad.
A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts.
The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to speculative risk. In a letter sent on Wednesday to the US Senate Banking Committee, the American Federation of Teachers argued that cryptocurrencies are too volatile for pension and retirement savings, warning that workers could face significant losses.
The letter drew immediate pushback from crypto investors and industry figures. “The American Federation of Teachers has somehow developed the most logically incoherent, least educated take one could possibly author on the matter of crypto market structure regulation,” a crypto investor said on X.
The AFT letter to Congress opposes regulatory changes that would allow 401(k) retirement accounts to hold alternative assets, including cryptocurrency. Source: CNBC
In response to the letter, Castle Island Ventures partner Sean Judge said the bill would improve oversight and reduce systemic risk, while enabling pension funds to access an asset class that has delivered strong long-term returns.
Consensys attorney Bill Hughes said the AFT’s opposition to the crypto market structure bill was politically motivated, accusing the group of acting as an extension of Democratic lawmakers.
Funds held in US retirement accounts by type of account plan. Source: ICI
Opposition to crypto in retirement and pension funds mounts
Proponents of allowing crypto in retirement portfolios, on the other hand, argue that it democratizes finance, while trade unions have voiced strong opposition to relaxing current regulations, claiming that crypto is too risky for traditional retirement plans.
“Unregulated, risky currencies and investments are not where we should put pensions and retirement savings. The wild, wild west is not what we need, whether it’s crypto, AI, or social media,” AFT president Randi Weingarten said on Thursday.
The AFT represents 1.8 million teachers and educational professionals in the US and is one of the largest teachers’ unions in the country.
According to Better Markets, a nonprofit and nonpartisan advocacy organization, cryptocurrencies are too volatile for traditional retirement portfolios, and their high volatility can create time-horizon mismatches for pension investors seeking a predictable, low-volatility retirement plan.
Bitcoin and Ether volatility compared to other asset classes and stock indexes. Source: US Federal Reserve
In October, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) also wrote to Congress opposing provisions within the crypto market structure regulatory bill.
The AFL-CIO, the largest federation of trade unions in the US, wrote that cryptocurrencies are volatile and pose a systemic risk to pension funds and the broader financial system.
The US Office of the Comptroller of the Currency has conditionally approved five national bank charter applications for companies tied to the digital assets industry.
In a Friday notice, the OCC said it had conditionally approved BitGo, Fidelity, and Paxos to convert their existing state-level trust companies into federally chartered national trust banks. In the same announcement, the regulator said it had conditionally approved new applications from Circle and Ripple for national trust bank charters.
“New entrants into the federal banking sector are good for consumers, the banking industry and the economy,” said Jonathan Gould, the Comptroller of the Currency, adding: “The OCC will continue to provide a path for both traditional and innovative approaches to financial services to ensure the federal banking system keeps pace with the evolution of finance and supports a modern economy.”
Europe’s crypto regulatory framework is entering a new phase of scrutiny as policymakers weigh whether enforcement of the Markets in Crypto-Assets (MiCA) regulation should remain with national authorities or be centralized under the European Securities and Markets Authority (ESMA).
MiCA, which came largely into force at the beginning of 2025, was designed to create a unified rulebook for crypto-asset service providers across the European Union.
But as implementation progresses, disparities between member states are becoming harder to ignore. Some regulators have approved dozens of licenses, while others have issued only a handful, prompting concerns about inconsistent supervision and regulatory arbitrage.
In this week’s episode of Byte-Sized Insight, Cointelegraph explored what those growing pains mean for Europe’s crypto market with Lewin Boehnke, chief strategy officer at Crypto Finance Group — a Switzerland-based digital asset firm with operations across the EU.
Uneven enforcement fuels calls for oversight
According to Boehnke, the core challenge facing Europe isn’t the MiCA framework itself, but rather how it is being applied differently across jurisdictions.
“There is a very, very uneven application of the regulation,” he said, pointing to stark contrasts between member states. Germany, for example, has already granted around 30 crypto licenses, many to established banks, while Luxembourg has approved just three, all to major, well-known firms.
The ESMA released a peer review of the Malta Financial Services Authority’s authorization of a crypto service provider, finding that the regulator only “partially met expectations.”
Those disparities have helped fuel support among some regulators and policymakers for transferring supervisory powers to ESMA, which would create a more centralized enforcement model similar to the US Securities and Exchange Commission.
France, Austria and Italy have all signaled support for such a move, particularly amid criticism of more permissive regimes elsewhere in the bloc.
From Boehnke’s perspective, centralization could be less about control and more about efficiency.
“From just purely the practical point of view, I think it would be a good idea to have a unified… application of the regulation,” he said, adding that direct engagement with the ESMA could reduce delays caused by back-and-forth between national authorities.
MiCA’s design praised, but technical questions remain
Despite criticism from some corners of the crypto industry, Boehnke said MiCA’s overarching structure is sound, particularly its focus on regulating intermediaries rather than peer-to-peer activity.
“I do like MiCA regulation… the overarching approach of regulating not necessarily the assets, not the peer-to-peer use, but the custodians and the ones that offer services… that is the right approach.”
However, he also noted that unresolved technical questions are slowing adoption, especially for banks. One example is MiCA’s requirement that custodians be able to return client assets “immediately,” a phrase that remains open to interpretation.
“Does that mean withdrawal of the crypto? Or is it good enough to sell the crypto and withdraw the fiat immediately?” Boehnke asked, noting that such ambiguities are still being worked through and are awaiting clarity from ESMA.
To hear the complete conversation on Byte-Sized Insight, listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows!