Politics

What are the rules on unparliamentary language – and which MPs have broken them?

Published

1 year ago

November 24, 2023

admin

Home Secretary James Cleverly been accused of calling the town of Stockton-on-Tees a “s**thole” in the Commons.

A source close to him denied this but admitted he called the area’s Labour MP “s***”.

The debacle comes weeks after reports he called the government’s Rwanda policy “bats***”.

Unparliamentary language is defined as anything that “breaks the rules of politeness of the House of Commons chamber”.

While MPs are disciplined for swearing during debates, convention also bans them from calling their colleagues liars or accusing them of being drunk, among other things.

Traditionally, some have used euphemisms to get around the rules – most famously Sir Winston Churchill when he said someone had told a “terminological exactitude” instead of a lie.

When politicians use words deemed unparliamentary, the speaker will either ask them to withdraw them, or if they refuse, leave the chamber.

First MP to say ‘c***’ in the Commons

The SNP’s Mhairi Black became the first MP in history to use the word “c***” in the Commons chamber in 2018.

Then the youngest-sitting MP – at 23 years old – she was detailing some of the misogynistic abuse she regularly received on social media.

Despite using the word, she was not disciplined as she was only quoting someone else’s use of it – and was not levelling it at one of her colleagues.

‘Sanctimonious c***’

Former Conservative MP Anna Soubry was accused of calling Labour’s Ed Miliband a “sanctimonious c***” during a debate in 2015.

It was filmed for a BBC documentary but not used in the final edit.

However when allegations surfaced she furiously denied it, saying: “I would never use that word and I would never use it in the House of Commons.”

‘Dodgy’ and ‘hooliganism’

Ed Miliband has himself been in trouble for his use of language.

He escaped discipline when he called David Cameron a “dodgy prime minister surrounded by dodgy donors”.

Five years later in 2020, as shadow business secretary, he accused Boris Johnson of “legislative hooliganism” for supporting the Internal Markets Bill.

Although the word hooligan is banned, he was not reprimanded.

‘Miserable pipsqueak of a man’

During his time as an MP, Tom Watson lost his temper when then education secretary Michael Gove revealed he was shelving nine school building projects in his constituency.

He described Mr Gove as a “miserable pipsqueak of a man” – and was asked to withdraw his comments.

‘Stupid cow’

Former speaker Betty Boothroyd ruled that Conservative MP Tony Marlow had used unparliamentary language by calling Labour MP Harriet Harman a “stupid cow” during a debate on the BSE epidemic of 1996.

Ms Harman has since commented on the misogynism she has faced during her career in politics.

‘C**k, lay and laid’ in poultry welfare speech

Former minister Penny Mordaunt was accused of trivialising parliament in 2014 when she used the words “c**k”, “lay” and “laid” multiple times during a speech on poultry welfare.

She later revealed in a newspaper interview that her fellow Navy reservists had dared her to do it.

Kicked out for calling PM a liar

Labour MP Dawn Butler was ordered to leave the Commons when she refused to withdraw accusations that Boris Johnson was a liar in 2021.

She claimed that the then-PM had “lied to the House and the country over and over again” – about economic growth and public sector salaries among other things.

Politics

GENIUS Act ‘legitimizes’ stablecoins for global institutional adoption

Published

3 hours ago

May 21, 2025

admin

GENIUS Act ‘legitimizes’ stablecoins for global institutional adoption

Stablecoin adoption among institutions could surge as the United States Senate prepares to debate a key piece of legislation aimed at regulating the sector.

After failing to gain support from key Democrats on May 8, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed the US Senate in a 66–32 procedural vote on May 20 and is now heading to a debate on the Senate floor.

The bill seeks to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws.

“This act doesn’t just regulate stablecoins, it legitimizes them,” said Andrei Grachev, managing partner at DWF Labs and Falcon Finance.

“It sets clear rules, and with clarity comes confidence. That’s what institutions have been waiting for,” Grachev told Cointelegraph during the Chain Reaction daily X spaces show on May 20, adding:

“Stablecoins aren’t a crypto experiment anymore. They’re a better form of money. Faster, simpler, and more transparent than fiat. It’s only a matter of time before they become the default.”

Senate bill seen as path to unified digital system

The GENIUS Act may be the “first step” toward establishing a “unified digital financial system which is borderless, programmable and efficient,” Grachev said, adding:

“When the US moves on stablecoin policy, the world watches.”

Republican Senator Cynthia Lummis, a co-sponsor of the bill, also pointed to Memorial Day as a “fair target” for its potential passage.

Grachev said regulatory clarity alone will not drive institutional adoption. Products offering stable and predictable yield will also be necessary. Falcon Finance is currently developing a synthetic yield-bearing dollar product designed for this market, he noted.

Yield-bearing stablecoins now represent 4.5% of the total stablecoin market after rising to $11 billion in total circulation, Cointelegraph reported on May 21.

GENIUS Act regulatory gaps don’t address offshore stablecoin issuers

Despite broad support for the GENIUS Act, some critics say the legislation does not go far enough. Vugar Usi Zade, the chief operating officer at Bitget exchange, told Cointelegraph that “the bill doesn’t fully address offshore stablecoin issuers like Tether, which continue to play an outsized role in global liquidity.”

He added that US-based issuers will now face “steeper costs,” likely accelerating consolidation across the market and favoring well-resourced players that can meet the new thresholds.

Still, Zade acknowledged that the legislation could bring greater “stability” to regulated offerings, depending on how it is ultimately worded and enforced.

Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Politics

Hong Kong passes stablecoin bill, set to open licensing by year-end

Published

3 hours ago

May 21, 2025

admin

Hong Kong passes stablecoin bill, set to open licensing by year-end

Hong Kong’s Legislative Council passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development.

In a May 21 post on X, Legislative Council member Johnny Ng Kit-Chong said the bill had passed its third reading, clearing the final hurdle for adoption.

“It is expected that by the end of this year, major institutions will be able to apply to the Hong Kong Monetary Authority to become licensed stablecoin issuers,” Ng said.

According to the new Hong Kong legislation, stablecoins must be backed by fiat currency as underlying assets. Ng said Hong Kong is welcoming “global enterprises and institutions interested in issuing stablecoins to apply in Hong Kong,” offering to personally assist with introductions and collaboration:

“I am also happy to facilitate connections and collaborate with all stakeholders to advance the development of Web3 in Asia and globally, with Hong Kong at the center.“

Hong Kong aims to become a Web3 powerhouse

Ng said the legislation marks the first step on the road toward building Web3 infrastructure in Hong Kong. “The most crucial step is to develop more real-world applications.”

Ng said stablecoin adoption has the potential to drive innovation in retail payments, cross-border trade and peer-to-peer transactions.

He added that he encourages the development and adoption of stablecoins, since “they represent a major financial innovation.” Regarding enhancing market stability, Ng suggested distributing interest earnings to stablecoin holders.

Interest for stablecoin holders

According to Ng, “providing interest will strengthen the competitiveness of stablecoins.” This increased competitiveness, he explained, incentivizes broader participation and expands stablecoin market share, which supports what he views as sustainable growth.

Ng’s remarks that yield-bearing stablecoins are more competitive follow recent positive data. Research indicates that yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market, a steep climb from just $1.5 billion and a 1% market share at the start of 2024.

Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Politics

Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

Published

6 hours ago

May 21, 2025

admin

Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

Bitcoin Suisse secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking a major step in the Swiss crypto firm’s expansion beyond the European Union.

The Swiss crypto financial service provider received the in-principle approval through its subsidiary BTCS (Middle East), according to a May 21 news release.

The IPA is a precursor to a full financial services license, which would allow Bitcoin Suisse to provide regulated crypto financial services such as digital asset trading, crypto securities and derivatives offerings, as well as custody solutions.

The approval reflects the firm’s “strong commitment to maintaining the highest standards of transparency, security, and regulatory compliance,” according to Ceyda Majcen, head of global expansion and designated senior executive officer of BTCS (Middle East).

“Abu Dhabi, one of the Middle East’s fastest-growing financial centers, presents a compelling opportunity for growth. We look forward to working closely with the FSRA to obtain our full license,” Majcen wrote in a May 21 X announcement.

This marks Bitcoin Suisse’s first expansion outside of the European Union.

Founded in 2013, Bitcoin Suisse played a significant role in developing the country’s crypto ecosystem and has been a key contributor to Switzerland’s Crypto Valley, a Switzerland-based blockchain ecosystem valued at more than $500 billion.

Crypto firms bet on Middle East as next global crypto hub

Increasingly more crypto firms are expanding into the Middle East, seeing the region as the next potential global crypto hub due to its business-friendly regulatory licensing environment.

On April 29, Circle, the issuer of the world’s second-largest stablecoin, USDC (USDC), received an in-principle approval from the FSRA, moving one step closer to the full license to become a regulated money service provider in the United Arab Emirates.

A day earlier, the Stacks Asia DLT Foundation partnered with ADGM, becoming the first Bitcoin-based organization to establish an official presence in the Middle East, Cointelegraph reported on April 28.

As part of the partnership, the Stacks Foundation aims to advance progressive regulatory frameworks in the Middle East.

“We’re not just focused locally — our team is engaged in global conversations, advocating for frameworks that balance decentralization, security, innovation, and compliance surrounding the unlocking of Bitcoin capital,” Kyle Ellicott, executive director at Stacks Asia DLT Foundation, told Cointelegraph.

The foundation is also developing the Bitcoin Capital Activation Framework, described as a comprehensive policy blueprint to help regulators enable Bitcoin utility in their jurisdictions.