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Rishi Sunak said he still speaks to Boris Johnson “on occasion” – and did not rule out bringing the former prime minister back into his cabinet.

Mr Sunak said he was “proud” of what the pair achieved before he became one of the first in a series of ministerial departures which ended in the former Tory leader’s downfall.

Asked in an interview with ITV whether he misses Mr Johnson, he said: “I’m proud of the work that we did together.

“And we worked well together for a long time. In the end there are, you know, well-documented differences”.

On whether he would consider offering a cabinet position to the ex-MP, as he did with David Cameron, Mr Sunak said: “Well, I never talk about these personnel things, but look, I, you know, I speak to him on an occasion.”

Pressed on when they last spoke, he said it was “late last year”.

Mr Sunak served as chancellor in Mr Johnson’s government for two years before resigning along with then-health secretary Sajid Javid in July 2022 over his handling of the Chris Pincher affair.

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The move triggered a mass exodus of MPs from government and party roles, even leading to praise from some MPs that Mr Sunak had stabbed Mr Johnson “in the front”.

Mr Johnson’s leadership had already been hanging by a thread due to the fall-out from the partygate scandal.

After he resigned, a rivalry between Mr Sunak and his former boss then emerged as he embarked on a campaign for Mr Johnson’s job, with both vying to take back control of the Tory Party following Liz Truss’s short-lived tenure as PM.

Mr Johnson ultimately dropped out of the autumn leadership race and eventually quit as an MP after a parliamentary committee found he had lied to the House over partygate.

But he has made frequent interventions on the political scene, criticising the government over decisions ranging from Brexit to immigration and HS2.

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Sunak was honourable and ‘stabbed’ Johnson in the ‘front’

Later in the interview, Mr Sunak insisted plots against him are “minuscule” following reports of Tory MPs seeking to replace him as leader.

“I don’t think the country votes for divided parties,” he said, insisting that “the vast majority of our party is united”.

The prime minister also insisted his wealth is not an issue for voters and accused those who attack him over it of having a “lack of ambition for our country”.

Mr Sunak and his wife, Akshata Murty, have a combined wealth estimated at about £529m, according to 2023’s Sunday Times Rich List.

Polling suggests the prime minister faces an uphill battle ahead of the general election expected later this year, with Labour currently enjoying a sustained lead of around 20 points.

“I think most people in our country are fair-minded,” Mr Sunak said.

“And you know what, if someone wants to attack that or make it a political smear, I actually think it says more about them and their ambition for our country, or lack of it, than it does about me and where I come from.”

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Circle gets Abu Dhabi greenlight amid UAE stablecoin and crypto push

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Circle gets Abu Dhabi greenlight amid UAE stablecoin and crypto push

Stablecoin issuer Circle has secured regulatory approval to operate as a financial service provider in the Abu Dhabi International Financial Center, deepening its push into the United Arab Emirates.

In an announcement Tuesday, Circle Internet Group said it received a Financial Services Permission license from the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM), the International Financial Centre of Abu Dhabi. This allows the stablecoin issuer to operate as a Money Services Provider in the IFC.

The USDC (USDC) issuer also appointed Saeeda Jaffar as its managing director for Circle Middle East and Africa. The new executive also serves as a senior vice president and group country manager for the Gulf Operation Council at Visa and will be tasked with developing the stablecoin issuer’s regional strategy and partnerships.

Circle co-founder, chairman and CEO Jeremy Allaire said that the relevant regulatory framework “sets a high bar for transparency, risk management, and consumer protection,” adding that those standards are needed if “trusted stablecoins” are going to support payments and finance at scale.

UAE, Circle, Stablecoin
Source: Circle

Related: Abu Dhabi Investment Council triples stake in Bitcoin ETF in Q3: Report

Abu Dhabi awards a wave of licenses

The ADGM has recently awarded licenses for financial operations to a wave of crypto companies. Earlier this week, Tether’s USDt (USDT) — the largest stablecoin by circulation and Circle’s top competitor — secured a regulatory milestone in Abu Dhabi’s international financial center, as did Ripple’s dollar-pegged stablecoin Ripple USD at the end of November.

On Monday, crypto exchange Binance was granted three separate licenses from Abu Dhabi’s financial regulator, allowing it to operate its exchange, clearing house and broker-dealer services. This followed its competitor Bybit receiving regulatory approval in the UAE in early October.

Related: HSBC to bring tokenized deposits to US and UAE as stablecoin race heats up

UAE bets on crypto

The Central Bank of the UAE has been actively reviewing its cryptocurrency regulations. In November, it introduced rules for decentralized finance (DeFi) and the broader Web3 industry.

The newly introduced Federal Decree Law No. 6 of 2025 brings DeFi platforms, related services and infrastructure providers under the scope of regulations if they enable payments, exchange, lending, custody, or investment services, with licenses now required. Local crypto lawyer Irina Heaver said that “DeFi projects can no longer avoid regulation by claiming they are just code.”

Heaver told Cointelegraph at the end of 2024 that during that year the country cemented its status as a global crypto hub.

In October 2024, the UAE exempted cryptocurrency transfers and conversions from value-added tax, just a month after Dubai’s digital asset regulator announced stricter rules on crypto marketing. Around the same time, local free economic zone Ras Al Khaimah Digital Assets Oasis was also working to introduce a legal framework for decentralized autonomous organizations.

Local regulators were not shy about enforcing the rules, with Dubai’s Virtual Assets Regulatory Authority cracking down on seven unlicensed crypto businesses, issuing fines and cease-and-desist orders.

Magazine: Review: The Devil Takes Bitcoin, a wild history of Mt. Gox and Silk Road