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The NHS “doesn’t just belong” to striking junior doctors and can’t be “switched on and off on whim”, the health secretary said.

Victoria Atkins turned up the heat in the government’s row with the British Medical Association (BMA) as their record-breaking walk-out continues.

Junior doctors in England are in the middle of a six-day strike over pay and conditions, the longest industrial action in NHS history.

A number of hospitals in England have pleaded for medics to leave picket lines and get back to work due to safety concerns, also known as derogation requests.

But this has sparked a row as the BMA has suggested the requests are “politically motivated”.

Ms Atkins promised to start talks with the BMA “in 20 minutes” if the strikes were called off.

Speaking on a visit to London Ambulance Service, she told the PA news agency: “I’ve said throughout this that, please, to the junior doctors’ committee, the moment you call off the strikes, I’ll get back around the table with you within 20 minutes.”

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She said the strikes have to be called off for negotiations to happen, “because the NHS belongs to us all”.

“It doesn’t just belong to the junior doctors’ committee, and for the 1.3 million people who work in the NHS, as well of course for the tens of millions of people it looks after, the NHS cannot be switched on and off on whim.”

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The longest strike in NHS history

However, the BMA hit back calling it a “political choice” for Downing Street to “stick rigidly to its dogma of not negotiating while strikes are planned”.

Professor Philip Banfield, BMA council chairman, said: “In the past, the government waived this principle for the barrister strikes, so there is no reason for them to waste time and money by refusing to talk now.

“We are clear: we are ready to talk 24/7. Get back around the table, give us a credible offer and we can end these strikes right now.”

The government gave junior doctors an 8.8% pay rise last summer, with an extra 3% offered during the last round of negotiations towards the end of the year.

 Victoria Atkins MP
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Victoria Atkins MP

But the BMA rejected the 3% offer, saying it does not make up for a real-term pay cut of nearly a quarter for junior doctors since 2008.

They want full pay “restoration” to reverse real-term cuts in pay since 2008-9, a new pay mechanism to prevent any future pay decreases against inflation and the cost of living, and a reformed pay review body to “safeguard recruitment and retention of junior doctors”.

The strikes are a headache for Rishi Sunak as the UK enters an election year.

The prime minister has staked his premiership on five key pledges which include cutting NHS waiting lists.

Although the backlog was at a record high before the industrial action broke out, over one million appointments have been cancelled or rescheduled due to strike action by junior doctors and other workers in the NHS in the past year.

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Junior doctors start their longest strike in NHS history – here’s what they want

While the government has managed to resolve other disputes, with a new pay offer recently made to senior doctors, the row with junior medics is showing no signs of abating.

More than 20 derogation requests have been submitted to the BMA for this round of strikes, but so far none have been approved.

Junior doctors and members of the British Medical Association (BMA) outside St Thomas' Hospital, London, as they take to picket lines for six days during their continuing dispute over pay. Picture date: Wednesday January 3, 2024.

The union said that NHS England and some trusts are refusing to provide evidence that they have undertaken steps to show they have “exhausted” all other sources of staffing before recalling medics from the picket line.

In a letter to NHS bosses, the BMA accused health leaders of misusing the system and bowing to political pressure to undermine the strike.

NHS England said they will “continue to engage with the BMA in good faith” and they will address the process for considering patient safety mitigations.

Ms Atkins, echoing Mr Sunak’s comments earlier on Thursday, said she backed NHS leaders in making the mitigation requests but this is being done “completely independent of government”.

She said the strikes are having “very serious consequences”, with 88,000 appointments cancelled during the last set in December.

Health officials have warned that this strike will be worse because it coincides with one of the busiest weeks of the calendar year, due to a rising tide of winter bugs and people storing up problems over the Christmas break.

On the first day of the strike on Tuesday, critical incidents were declared at Queen Alexandra Hospital in Portsmouth and by the NHS in Nottingham.

Meanwhile more than a dozen hospitals said that emergency services were busy, with some reporting “extreme heightened pressure”.

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Sanctioned crypto exchange Garantex shifts millions as it reboots platform

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Sanctioned crypto exchange Garantex shifts millions as it reboots platform

Sanctioned crypto exchange Garantex shifts millions as it reboots platform

Shuttered crypto exchange Garantex is reportedly back under a new name after laundering millions in ruble-backed stablecoins and sending them to a freshly created exchange, according to a Swiss blockchain analytics company.  

Global Ledger claims the operators of the Russian exchange have shifted liquidity and customer deposits to Grinex, which they say is “Garantex’s full-fledged successor,” in a report released to X on March 19.

“We can confidently state that Grinex and Garantex are directly connected both onchain and offchain.”

“The movement of funds, including the systematic transfer of A7A5 liquidity, the use of one-time-use wallets, and the involvement of addresses previously associated with Garantex, provides clear onchain proof of their link,” the Global Ledger team said in the report.

After completing its investigation on March 13, Global Ledger says it had found onchain data showing Garantex laundered over $60 million worth of ruble-backed stablecoins called A7A5 and sent them to addresses associated with Grinex.

Sanctioned crypto exchange Garantex shifts millions as it reboots platform

Global Ledger claims Garantex has moved all its funds over to a newly launched exchange and is back in business. Source: Global Ledger

“In this case, the burning and subsequent minting process was used to launder funds from Garantex, allowing new coins to be minted from a system address with a clean history,” the team said.

A Garantex manager also reportedly told Global Ledger that customers have been visiting the exchange office in person and moving funds from Garantex to Grinex.

“Additionally, offchain indicators, such as transactional patterns, commentaries and exchange behaviors, further reinforce this connection,” it said.

The report also points to a description of Grinex on the Russian crypto tracking site CoinMarketRating, claiming that the owners of Garantex created it. The reports said this shows “Grinex is not an independent entity but rather a full-fledged successor to Garantex, continuing its financial operations despite the exchange’s official shutdown.”

Sanctioned crypto exchange Garantex shifts millions as it reboots platform

Source: Global Ledger

By March 14, the volume of incoming transactions on Grinex was nearly $30 million, according to Global Ledger. CoinMarketRating shows that the trade volume for the month is now over $68 million, with spot trading topping $2 million.

The US Department of the Treasury’s Office of Foreign Assets Control first hit Garantex with sanctions in April 2022 for allegedly money laundering violations.

Related: US, UK, Australia sanction Zservers for hosting crypto ransomware LockBit

On March 6, the US Department of Justice collaborated with authorities in Germany and Finland to freeze domains associated with Garantex, which they claim processed over $96 billion worth of criminal proceeds since launching in 2019.

Stablecoin operator Tether also froze $27 million in Tether (USDT), on March 6 which forced Garantex to halt all operations, including withdrawals.

Only a few days later, on March 12, officials with India’s Central Bureau of Investigation arrested Aleksej Bešciokov, who allegedly operated Garantex, on US charges that included conspiracy to commit money laundering. 

Magazine: How crypto laws are changing across the world in 2025

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New rules may stop Elon Musk from making unlimited donations to Reform UK

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Foreign donations to UK political parties set to be restricted, amid rumours Elon Musk is planning to give £80m to Reform

Ministers are drawing up plans restricting foreign donors from giving unlimited funds to UK political parties, Sky News understands.

Currently, political parties can accept donations from any company registered in the UK – and foreign donors can and have used these companies to make indirect contributions.

The rules allow for British companies to be used in this way even if they don’t make any money at all.

However, Sky News understands that officials are currently looking at restricting donations based on how much money a company makes – either using a profit or a share of revenue to calculate a potential cap for the amount each UK business can give.

The government says this is in line with its manifesto pledge to “protect democracy by strengthening the rules around donations to political parties”.

Senior government sources have told Sky News these changes are partially about Elon Musk.

Officials are said to be anxious about the rumoured donation of $100m (about £80m) that Musk has suggested he would make to Reform UK.

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Nigel Farage says ‘Musk is going to support Reform’

The government’s thinking is that the tech billionaire is likely to do this just before the next election, and they hope they can pass their Elections Bill – the legislation through which the donation loophole would be closed – through parliament before that happens.

The bill would enter parliament in the next session, but ministers have told MPs that they should expect an update to these plans within months.

Musk’s donation would be an astronomical amount in the context of British politics.

The sum would trump all political donations that have been made to any political party this year – and would inevitably make a big impact on campaigning.

Elon Musk is not on the electoral register and the British arm of his company X – X.AI London Limited – has not yet made any money.

Under the proposed changes, this avenue of donating money to Reform UK would not be possible.

Total donations to major parties in 2024
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Reform UK’s total received donations for 2024 would be considerably higher with £80m from Elon Musk

A government source said this is just one of the options on the table, adding that another change they are considering will mean enhanced due diligence checks on donations from unincorporated associations.

In exclusive polling, Sky News has found that any money given to parties by foreign donors is incredibly unpopular.

A total of 77% of respondents thought foreign nationals who are not registered to vote in the UK should not be allowed to donate to political parties, while only 7% thought they should be.

Even looking specifically at Reform UK voters, who would likely benefit from an Elon Musk donation, the percentage is roughly the same: 73% said they shouldn’t donate to British politics at all, while 7% said they should.

A total of 77% of respondents said foreign nationals should not be allowed to donate to UK political parties
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A total of 77% of respondents said foreign nationals should not be allowed to donate to UK political parties

There is a lot of cash swirling all around Westminster and foreign money can and does enter UK politics.

Transparency International found almost £1 in every £10 donated to parties and politicians came from unknown or dubious sources between 2001 and 2024.

Whatever the motivation, these changes could bring greater transparency to what’s behind any murky money swirling into Westminster.

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Crypto regulation must go through Congress for lasting change — Wiley Nickel

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Crypto regulation must go through Congress for lasting change — Wiley Nickel

Crypto regulation must go through Congress for lasting change — Wiley Nickel

Crypto regulations must be enacted through an act of Congress to become permanent and meaningful pieces of legislation, according to former Congressman Wiley Nickel.

In an exclusive video interview with Cointelegraph’s Turner Wright, Nickel urged bipartisan collaboration to push through comprehensive crypto regulations. The former Congressman added:

“I think it’s really important for anybody who cares about this issue to step back and realize that if you want lasting change in Washington, you must move legislation through Congress. Otherwise, if you’re talking about executive orders, it will just go back and forth.”

“You don’t want to have the mess that we saw just months ago with Gary Gensler’s SEC — you need to get legislation through Congress,” Nickel reiterated.

President Trump’s Jan. 23 executive order establishing the Working Group on Digital Assets, which also prohibited the development of a central bank digital currency (CBDC), and the order establishing a Bitcoin strategic reserve alongside a separate crypto stockpile, were both examples of executive actions that can be reversed at a later date.

Congress, Senate, Bitcoin Regulation, US Government, United States

Former Congressman Wiley Nickel is pictured sitting second from the left at the Blockworks Digital Asset Summit. Source: Cointelegraph

Related: Congress on track for stablecoin, market structure bills by August: Blockchain Association

Both chambers of Congress rush to push through meaningful legislation

Rep. Tom Emmer, the majority whip of the United States House of Representatives, reintroduced legislation banning a CBDC in the US on March 6.

Wyoming Senator Cynthia Lummis also reintroduced the Bitcoin Act in March, which builds upon an earlier bill of the same title but allows the US to purchase more than 1 million Bitcoin (BTC).

Congress, Senate, Bitcoin Regulation, US Government, United States

Senator Lummis’ Bitcoin Act of 2025. Source: Senator Cynthia Lummis

Rep. Byron Donalds recently announced that he would draft legislation to codify the Bitcoin strategic reserve into law — shielding President Trump’s original executive order from being overturned by a future administration.

On March 12, the House of Representatives repealed the IRS broker rule requiring decentralized finance platforms to report information to the Internal Revenue Service in a 292-131 vote.

Speaking at this year’s Blockworks Digital Asset Summit, Democrat Rep. Ro Khanna said that Congress should be able to pass comprehensive crypto regulation in 2025, including a stablecoin bill and a market structure bill.

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

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