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The Tory candidate for London mayor has been urged to apologise after she claimed that Jewish communities were “frightened” by Sadiq Khan.

Susan Hall, who was selected as the Tory candidate in July, made the comments at the Conservative Friends of Israel event on the fringes of the Tory Party conference in Manchester.

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She told the audience that one of the “most important” things she would do for Londoners would be to make the city “safer” – particularly “for our Jewish communities”.

She asked for “as much help as [she] can get in London” because Mr Khan “needed to be defeated”.

“I know how frightened some of the community is because of the divisive attitude of Sadiq Khan,” she said.

“One of the most important things that I will do when I become mayor of London is to make it safer for everyone, but particularly for our Jewish community.

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“I will ask for as much help as I can get in London, because we need to defeat him.”

Her comments immediately drew criticism from politicians and Jewish groups.

Labour’s shadow health secretary, Wes Streeting, said her remarks were “divisive and disgusting”.

“Sadiq Khan has repeatedly stood by London’s Jewish communities in the fight against antisemitism,” he wrote on X, formerly known as Twitter.

“Susan Hall’s dog whistle politics have no place in London. Will decent Conservatives ever call this out?”

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Mike Katz, the chair of Jewish Labour, said Ms Hall was “vile, ignorant and wrong” and urged her to apologise.

“Sadiq has consistently gone out of his way to work with the Jewish community. He stood with Jewish Labour when we spoke out on antisemitism in Labour.

“For Susan Hall to try to use this as a dog whistle is beneath contempt. She should apologise.

The Jewish Labour Movement accused Ms Hall of “gutter divisive politics that seeks to use the Jewish community as political pawns”.

“We had quite enough of this from Jeremy Corbyn and saw him off – and have no patience for it from Susan Hall,” it said.

Sky News has approached Ms Hall for comment and the Conservative Party has declined to comment.

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New Hampshire approves first-of-its-kind $100M Bitcoin-backed municipal bond

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New Hampshire approves first-of-its-kind 0M Bitcoin-backed municipal bond

New Hampshire has approved the issuance of a $100 million municipal bond backed by Bitcoin, in what appears to be the first structure of its kind at the US state level.

Minutes from a Nov. 17 meeting of the New Hampshire Business Finance Authority (BFA), the state’s business financing agency, show the board planned “to consider approving a resolution authorizing up to $100,000,000 bonds for a project to acquire and hold digital currency.”

Minutes from the following day record that directors voted to “approve the preliminary official intent, with no reservation, to issue a taxable conduit revenue bond for WaveRose Depositor, LLC of up to $100,000,000.”

According to a Wednesday Crypto in America report, the bond is backed by Bitcoin (BTC) and would let companies borrow against overcollateralized BTC held by a private custodian. The state or taxpayers do not back the bond; instead, BFA approves and oversees a private deal, while Bitcoin — reportedly held in custody by BitGo — covers investors.

According to the report, asset manager Wave Digital Assets and bond specialist Rosemawr Management designed the bond to utilize Bitcoin as collateral under the same rules that govern municipal and corporate bonds. Wave co-founder Les Borsai said the goal is to “bridge traditional fixed income with digital assets” for institutional investors.

New Hampshire, United States
The New Hampshire State House in Concord. Source: Wikimedia

Related: New Hampshire, North Dakota introduce bills for Strategic Bitcoin Reserve

“We believe this structure shows how public and private sectors can collaborate to responsibly unlock the value of digital assets and digital asset reserves,” he added.

The borrower is expected to post approximately 160% of the bond’s value in Bitcoin as collateral, and if the price of BTC drops below roughly 130%, a liquidation would ensure that bondholders stay whole. According to BFA Executive Director James Key-Wallace, fees from the transaction will fund the local innovation and entrepreneurship program, the Bitcoin Economic Development Fund.

New Hampshire dives headfirst into crypto

The news follows New Hampshire becoming the first US state to allow its government to invest in cryptocurrencies in May after Governor Kelly Ayotte signed a bill allowing the municipality to “invest in cryptocurrency and precious metals.”

Related: US won’t start Bitcoin reserve until other countries do: Mike Alfred

New Hampshire is also working on a bill to deregulate local cryptocurrency mining operations. In late October, a committee voted 4–2 to send the measure for further review in an interim study after it had been deadlocked in the State Senate twice.

The local administration is viewed as particularly welcoming to the cryptocurrency industry. In early February, Brendan Cochrane, an Anti-Money Laundering specialist at YK Law in New York City, argued that it could become an alternative for crypto companies relocating to the Bahamas.

The latest moves build on a longer history of crypto engagement. Back in 2015, New Hampshire was already working on a bill that would have allowed the state government to accept tax and fee payments in Bitcoin.

The bill ultimately failed in 2016, but it shows how early the local administration began to show interest in this asset class. Additionally, as early as 2016, some advocates were already arguing that New Hampshire was among the world’s most Bitcoin-friendly communities.