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One of Just Stop Oil’s top donors has announced he will stop funding the eco-group and will instead focus on an anti-Conservative campaign.

Dale Vince, who has donated to both climate activists and Labour, said continued disruption was “pointless” as the government will not change its stance on oil and gas drilling in the North Sea.

The Ecotricity founder said he will divert his efforts to a new cause called Just Vote, which encourages young people and first-time voters to exercise their democratic right.

In a statement, Mr Vince said: “It’s a fact of our electoral system that only one of two parties can form the next government; we want to bring a focus to this reality and to the opportunity that we have – to elect a green government, one that will embrace the opportunities we face, rather than make an enemy of them – and use them to tackle the long list of issues we face as a country.”

Read more:
Westminster accounts: Just Stop Oil funder Dale Vince donated at least £360,000 to Labour
Westminster accounts: Find out who has donated to your MP

Labour have promised to ban the granting of new licences to explore oil and gas fields in the North Sea.

Mr Vince applauded the “conviction and commitment” of Just Stop Oil, whose demonstrations he has funded since the group began, but suggested further action would play into the government’s hand by feeding the “culture war”.

More on Just Stop Oil

“While I understand the frustration that people feel, I believe that further protests and the disruption that comes with them are pointless. I would go further and say they would be counterproductive,” he said.

“Consequently, I’m no longer going to fund protest but will instead switch all of my time, effort and funding to a new cause.”

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Just Stop Oil spokesperson gets upset

Read more:
Five charged after protesters disrupt Les Mis performance
Just Stop Oil ‘committed criminal damage’ by spraying government building

It comes after Rishi Sunak watered down efforts to tackle the climate crisis, including a five-year delay to the ban on new fossil fuel cars, to avoid a public “backlash”.

Labour have pledged to retain the 2030 target for electric cars if it wins the next election.

Mr Vince’s status as a backer of the group has sparked calls from Conservatives for Labour to return donations from him, arguing it legitimises their tactics.

Mr Sunak has also sought to highlight Mr Vince’s support, saying it showed “eco-zealots” from Just Stop Oil are “writing Keir Starmer’s energy policy”.

Labour have rejected suggestions Just Stop Oil influences its policies, and defended receiving donations from Mr Vince – saying he is a “perfectly legitimate person” to accept money from.

Polling has suggested Britons support measures to tackle climate change, but the balance shifts when asked their opinion if such actions dealt a blow to their personal finances.

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Crypto payments coming to PlayStation as Sony plans stablecoin launch in 2026

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Crypto payments coming to PlayStation as Sony plans stablecoin launch in 2026

Sony Bank, the online lending subsidiary of Sony Financial Group, is reportedly preparing to launch a stablecoin that will enable payments across the Sony ecosystem in the US.

Sony is planning to issue a US dollar-pegged stablecoin in 2026 and expects it to be used for purchases of PlayStation games, subscriptions and anime content, Nikkei reported on Monday.

Targeting US customers — who make up roughly 30% of Sony Group’s external sales — the stablecoin is expected to work alongside existing payment options such as credit cards, helping reduce fees paid to card networks, the report said.

Sony Bank applied in October for a banking license in the US to establish a stablecoin-focused subsidiary and has partnered with the US stablecoin issuer Bastion. Sony’s venture arm also joined Bastion’s $14.6 million raise, led by Coinbase Ventures.

Sony Bank has been actively venturing into Web3

Sony Bank’s stablecoin push in the US comes amid the company’s active venture into Web3, with the bank establishing a dedicated Web3 subsidiary in June.

“Digital assets utilizing blockchain technology are incorporated into a diverse range of services and business models,” Sony Bank said in a statement in May.

“Financial services, such as wallets, which store NFT (non-fungible tokens) and cryptocurrency assets, and crypto exchange providers are becoming increasingly important,” it added.

Sony Bank established a Web3 subsidiary with an initial capital of 300 million yen ($1.9 million) in June 2025. Source: Sony Bank

The Web3 unit, later named BlockBloom, aims to build an ecosystem that blends fans, artists, NFTs, digital and physical experiences, and both fiat and digital currencies.

Related: Animoca eyes stablecoins, AI, DePIN as it expands focus in 2026: Exec

Sony Bank’s stablecoin initiative follows the recent spin-off of its parent, Sony Financial Group, which was separated from Sony Group and listed on the Tokyo Stock Exchange in September.

The move was intended to decouple the financial arm’s balance sheet and operations from the broader Sony conglomerate, allowing each to sharpen its strategic focus.

Cointelegraph reached out to Sony Bank for comment regarding its potential US stablecoin launch, but had not received a response by the time of publication.