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Police officers who are found guilty of gross misconduct will face automatic dismissal under reforms designed to toughen up the disciplinary process following a series of scandals.

Chief constables and other senior officers will be given greater powers to sack rogue staff while those who fail vetting checks can also be fired.

Under the new system, a finding of gross misconduct will automatically result in a police officer’s dismissal unless there are exceptional circumstances. Senior officers will also chair the independent panels who carry out misconduct hearings.

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The move comes following a series of scandals engulfing the police, including the murder of Sarah Everard by serving Metropolitan Police officer Wayne Couzens and the unmasking of former police constable David Carrick as a serial abuser and rapist.

Metropolitan Police Commissioner Mark Rowley, who had been pushing for changes to police regulations to make it easier to sack rogue officers, welcomed the development.

“I’m grateful to the government for recognising the need for substantial change that will empower chief officers in our fight to uphold the highest standards and restore confidence in policing,” he said.

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“The flaws in the existing regulations have contributed to our inability to fully address the systemic issues of poor standards and misconduct.

“Chief officers are held to account for the service we deliver and for the standards we uphold which is why I have been persistent in calling for us to have the powers to act decisively and without bureaucratic delays when we identify those who have no place in policing.”

The government said it would bring in the changes as soon as possible. It is understood officials hope they could be in place by next spring.

Government ‘too slow to raise standards’

But the Labour Party said the government had been “too slow” to raise standards and that the measures announced did not go far enough.

Shadow home secretary Yvette Cooper said: “Labour has been calling for over two years for the complete overhaul of the police misconduct and vetting systems and these reforms are long overdue.

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Former Metropolitan Police officer Adam Provan has been jailed for 16 years for raping a woman and a girl.

“But as well as being too slow, the Conservatives are also not going far enough to raise standards, root out abuse and restore confidence in the vital work the police do to keep communities safe.”

She said Labour wanted police officers under investigation for rape and domestic violence to be suspended pending investigation and called for mandatory national vetting standards to end the “postcode lottery” across forces.

“We would also reform training and misconduct processes to help restore confidence in the police,” she added.

The government announcement comes just a day after six former home secretaries backed a new bill by Labour MP Harriet Harman, which would see officers automatically dismissed if convicted of a serious criminal offence, automatically suspended if charged with a serious criminal offence and automatically dismissed if they fail vetting.

Lawyers known as legally qualified chairs were brought in to oversee police disciplinary panels in 2016, in a bid to make the system more transparent.

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Met Police receives damning report

But critics have argued that the system has been too slow to root out rogue officers and that senior officers are more likely to sack those found guilty of wrongdoing.

Gavin Stephens, chairman of the National Police Chiefs’ Council, welcomed the “sensible” plans, saying they put police chiefs “back in control” of being able to quickly remove corrupt staff from forces.

Concerns over ‘police chiefs marking their own homework’

Under the reforms announced today independent lawyers will continue to sit on the panel but will perform only supporting roles.

The head of the police watchdog, the Independent Office for Police Conduct (IOPC) previously warned against making chief constables “judge and jury” in disciplinary hearings.

The IOPC wants lawyers to be in charge of misconduct hearings but for chief constables to decide on the punishment if wrongdoing is proven.

John Bassett, a barrister representing the National Association of Legally Qualified Chairs, speaking in a personal capacity, said he was “disappointed” by the proposed changes.

“No-one has yet explained to me or can present a convincing argument as to why the present system does not fulfil that role of being an open, transparent and fair process,” he said.

“Police officers, as so-called officers of the crown, do not have a right to claim unfair dismissal, and in those circumstances the best and at present the only way of ensuring that there is a fair outcome, if it resulted in dismissal, is by having a legally qualified chair assisting and advising the panel on the proper procedure.

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“Otherwise you’re going back to a situation where there is a real risk that effectively by reverting to the pre-2016 system or something similar, police officers or police chiefs are marking their own homework.

But Home Secretary Suella Braverman said: “For too long our police chiefs have not had the powers they need to root out those who have no place wearing the uniform.

“Now they can take swift and robust action to sack officers who should not be serving our communities.”

Liberal Democrats home affairs spokesman Alistair Carmichael welcomed the announcement but said: “It’s a disgrace that it’s taken so long in the first place.

“Being able to sack corrupt officers swiftly is a key step in rebuilding public trust in the police. Now, the Home Office must ensure that these new rules are properly enforced.”

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SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’

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SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’

SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’

The US Securities and Exchange Commission and crypto exchange Gemini have asked to pause the regulator’s suit over the exchange’s Gemini Earn program, saying they want to discuss a potential resolution. 

In an April 1 letter to New York federal court judge Edgardo Ramos, lawyers representing the SEC and Genesis requested a 60-day hold on the case and that all deadlines be pulled “to allow the parties to explore a potential resolution.” 

“In this case, the parties submit that it is in each of their interests to stay this matter while they consider a potential resolution and agree that no party or non-party would be prejudiced by a stay,” the letter states.

The lawyers added that a stay was in the court’s interest as “a resolution would conserve judicial resources” and proposed that a joint status report be submitted within 60 days after the entry of the stay.

The SEC sued Gemini and crypto lending firm Genesis Global Capital in January 2023, alleging they offered unregistered securities through the Gemini Earn program.

In March 2024, Genesis agreed to pay $21 million to settle charges related to the lending program, but the enforcement case against Gemini remains outstanding.

SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’

Letter from SEC and Genesis Global requesting extension of stay. Source: CourtListener

The letter did not specify what a possible resolution would entail, but the SEC has dropped several lawsuits it launched against crypto companies under the Biden administration, including against Coinbase, Ripple and Kraken.

Related: Will new US SEC rules bring crypto companies onshore?

In February, Gemini said the SEC closed a separate investigation into the firm as the regulator winds back its crypto enforcement under President Donald Trump. 

“The SEC cost us tens of millions of dollars in legal bills alone and hundreds of millions in lost productivity, creativity, and innovation. Of course, Gemini is not alone,” Gemini co-founder Cameron Winklevoss said at the time.

OpenSea, Crypto.com and Uniswap, among others, have also recently reported that the SEC had closed similar probes into their companies that were investigating alleged breaches of securities laws.

Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29

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Crypto PAC-backed Republicans win US House seats in Florida special elections

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Crypto PAC-backed Republicans win US House seats in Florida special elections

Crypto PAC-backed Republicans win US House seats in Florida special elections

Two Republicans who received a combined $1.5 million from the crypto-backed political action committee (PAC) Fairshake will enter the US House after winning special elections in Florida.

Republican Jimmy Patronis won the vacant seat in Florida’s 1st Congressional District to replace Matt Gaetz, taking 57% of the vote to defeat Democrat Gay Valimont, according to AP News data.

Randy Fine also took Florida’s 6th Congressional District with 56.7% of the vote to beat his Democratic rival, public school teacher Josh Weil, and fill a seat left vacant by Mike Waltz, who took a job as White House national security adviser.

Florida’s 1st and 6th Congressional Districts — located in Florida’s western panhandle and along the state’s northeast coast — have been controlled by Republicans for roughly 30 years, but their lead has narrowed in recent years.

Fairshake, a PAC backed by crypto industry giants including Coinbase, Ripple and Andreessen Horowitz, gave Fine around $1.16 million in advertising spending and funneled $347,000 to Patronis to support his campaign.

Both Republicans have expressed support for the crypto industry, with Fine stating in a Jan. 14 X post that “Floridians want crypto innovation!”

Crypto PAC-backed Republicans win US House seats in Florida special elections

Source: Randy Fine

Fairshake and its affiliates poured around $170 million into the 2024 US presidential and congressional elections to back candidates who committed to supporting the crypto industry.

The wins by Patronis and Fine increased Republican representation in the House to 220 seats, with the Democrats holding 213 seats.

There are two vacant seats to be filled after Texas and Arizona Democrats Sylvester Turner and Raúl Grijalva died on March 5 and March 13, respectively.

Florida can expect to see a crypto-friendly regulatory environment 

The victories for Patronis and Fine likely mean that crypto legislation will continue to see support in the US capital.

The Republican Party would have maintained its House majority even if it lost both seats in Florida, but it would have made it more difficult for some of the recently introduced Republican-backed crypto bills to pass through the House and Senate.

Related: Florida bill proposes strict rules against online gambling

At the Digital Assets Summit on March 18, Democratic Congressman Ro Khanna said he believes Congress “should be able to get” both a stablecoin and crypto market structure bill done this year.

Bills that could eventually make their way to the House include the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which passed the Senate Banking Committee in an 18-6 vote on March 13.

Senator Cynthia Lummis also reintroduced a Bitcoin reserve bill about a week after the Trump administration announced the establishment of a Strategic Bitcoin Reserve on March 6, with the legislation referred to the Senate Banking Committee on March 11.

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions

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UK trade bodies ask government to make crypto a ‘strategic priority’

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UK trade bodies ask government to make crypto a ‘strategic priority’

UK trade bodies ask government to make crypto a ‘strategic priority’

Several British trade associations have asked Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology.

In a March 31 letter, the coalition of six UK digital economy trade bodies urged Starmer’s special adviser on business and investment, Varun Chandra, for a “greater strategic focus and alignment to deliver investment, growth and jobs” for the crypto industry. 

The group, which consisted of the UK Cryptoasset Business Council, Global Digital Finance, The Payments Association, Digital Currencies Governance Group, the Crypto Council for Innovation and techUK, noted the US policy shift on crypto under President Donald Trump and his appointment of a crypto czar.

Britain’s commitment to an economic trade deal focused on technological cooperation with the US “presents a significant opportunity to mirror the United States’ ambition in fostering leadership in blockchain, digital assets, and other emerging financial technologies,” the letter stated. 

The group recommended that the UK appoint a blockchain special envoy, similar to the US, to coordinate policy, foster innovation, and position the country competitively in global markets.

The trade bodies also called for the development of a dedicated government action plan for crypto and blockchain technology, including a concierge service to attract high-potential firms.

They added that the government should acknowledge and leverage the commonalities between blockchain, quantum computing and artificial intelligence technologies, including potential applications for government services.

Another recommendation was to create a high-level industry-government-regulator engagement forum to ensure informed decision-making and cross-sector collaboration.

UK trade bodies ask government to make crypto a ‘strategic priority’

The UK crypto and tech associations lobbying the government for a policy shift. Source: LinkedIn

“With deep pools of talent, access to capital, world-class academic institutions, and sophisticated regulators, the UK provides an environment where digital assets and blockchain innovation can thrive,” they stated. 

Related: UK should tax crypto buyers to boost stock investing, economy, says banker

The coalition argues that crypto and blockchain technology could boost the UK economy by 57 billion British pounds ($73.6 billion) over the next decade, with the sector potentially increasing global gross domestic product by 1.39 trillion pounds ($1.8 trillion) by 2030.

Tom Griffiths, the co-founder and managing partner of crypto compliance advisory firm BitCompli, said in response to the letter on LinkedIn that the Financial Conduct Authority “has a lot of talent and a good sight of future plans, but the UK is definitely losing pace with Dubai, Singapore, and other EU jurisdictions.”

“Now is the time for the FCA to act, or the UK will lose out on this huge opportunity, which is digital assets and all the benefits this sector can bring, not only now but over the next 20 years,” he added.

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