Migrants refused asylum in the UK to be offered thousands of pounds to move to Rwanda – report
Migrants who have been refused asylum in the UK will be offered thousands of pounds to move to Rwanda under a new “voluntary” scheme drawn up by the government, according to reports.
The move, which is separate to the government’s plan to send to people to Rwanda to have their claims processed, has already been agreed with the east African country, The Times newspaper is reporting.
The new relocation scheme is designed to remove migrants who have no legal right to stay in the UK but cannot be returned to their home country.
The Home Office hasn’t yet confirmed the payment scheme, but has said it is “exploring voluntary relocations… to Rwanda”.
The Times reports it will be aimed at individuals who do not have an outstanding asylum claim and are in a position to be relocated swiftly to Rwanda, which the government deems a safe third nation.
Politics latest: Sunak says alleged Tory donor comments were ‘racist’
Immigration officials will reportedly approach migrants whose asylum applications have failed and encourage them to accept the money and relocate to Rwanda.
The scheme is said to be an extension of the existing Home Office voluntary returns scheme, under which migrants are offered financial assistance worth up to £3,000 to leave the UK for their country of origin.
Asylum seekers who refuse the financial incentive to move to Rwanda will be unable to officially work or claim benefits in the UK, The Times says.
In response to the report, a Home Office spokesperson said: “In the last year, 19,000 people were removed voluntarily from the UK and this is an important part of our efforts to tackle illegal migration.
“We are exploring voluntary relocations for those who have no right to be here, to Rwanda, who stand ready to accept people who wish to rebuild their lives and cannot stay in the UK.
“This is in addition to our Safety of Rwanda Bill and Treaty which, when passed, will ensure people who come to the UK illegally are removed to Rwanda.”
The government is understood to believe the voluntary scheme can be brought into effect quickly because it will draw on existing structures outlined by the deportation agreement already in place with Rwanda and existing voluntary returns processes.
However, the new Rwanda deal would reportedly mark the first time migrants will have been paid to leave the UK without going back to their country of origin.
Rishi Sunak’s pan to deport some asylum seekers to Rwanda is heading back to the Commons.
It comes as Prime Minister Rishi Sunak‘s legislation designed to revive his plan to deport some asylum seekers to Rwanda – the Safety of Rwanda (Asylum and Immigration) Bill – heads back to the House of Commons.
The government will seek to overturn a string of amendments to the bill agreed by peers in the House of Lords.
Changes backed by the Lords include overturning the government’s bid to oust the courts from the deportation process.
The extension of the voluntary scheme raises further questions about the bill, which is intended to prevent continued legal challenges to the stalled deportation scheme after the Supreme Court ruled the plan was unlawful.
Labour accused ministers of having to resort “to paying people” to go Rwanda because they know their deportation scheme “has no chance of succeeding”.
Shadow immigration minister Stephen Kinnock MP said: “We know from the treaty that capacity in Rwanda is very limited, so ministers should now explain what this new idea means for the scheme as it was originally conceived, and they should also make clear how many people they expect to send on this basis, and what the cost will be.
“There have been so many confused briefings around the Rwanda policy that the public will be forgiven for treating this latest wheeze with a degree of scepticism.”
The prime minister had previously warned the House of Lords against frustrating “the will of the people” by hampering the passage of the bill, which has already been approved by MPs.
The Commons will get a chance to debate and vote on the amendments on 18 March.
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.
The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.
While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past.
According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed his birthdate as April 5, 1975.
Source: Web.archive.org
Nakamoto’s anonymity has played a vital role in maintaining the decentralized nature of the Bitcoin network, which has no central authority or leadership.
The Bitcoin wallet associated with Nakamoto, which holds over 1 million BTC, has laid dormant for more than 16 years despite BTC rising from $0 to an all-time high above $109,000 in January.
Satoshi Nakamoto statue in Lugano, Switzerland. Source: Cointelegraph
Nakamoto’s 50th birthday comes nearly a month after US President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system.
Related: Bitcoin at 16: From experiment to trillion-dollar asset
Nakamoto’s legacy: a “cornerstone of economic sovereignty”
“At 50, Nakamoto’s legacy is no longer just code; it’s a cornerstone of economic sovereignty,” according to Anndy Lian, author and intergovernmental blockchain expert.
“Bitcoin’s reserve status signals trust in its scarcity and resilience,” Lian told Cointelegraph, adding:
“What’s fascinating is the timing. Fifty feels symbolic — half a century of life, mirrored by Bitcoin’s journey from a white paper to a trillion-dollar asset. Nakamoto’s vision of trustless, peer-to-peer money has outgrown its cypherpunk roots, entering the halls of power.”
However, lingering questions about Nakamoto remain unanswered, including whether they still hold the keys to their wallet, which is “a fortune now tied to US policy,” Lian said.
Related: Bitcoin’s next catalyst: End of $36T US debt ceiling suspension
Is Satoshi Nakamoto wealthier than Bill Gates?
In February, Arkham Intelligence published findings that attribute 1.096 million BTC — then valued at more than $108 billion — to Nakamoto. That would place him above Microsoft co-founder Bill Gates on the global wealth rankings, according to data shared by Coinbase director Conor Grogan.
Satoshi’s new addresses. Source: Conor Grogan
If accurate, this would make Nakamoto the world’s 16th richest person.
Despite the growing interest in Nakamoto’s identity and holdings, his early decision to remain anonymous and inactive has helped preserve Bitcoin’s decentralized ethos — a principle that continues to define the cryptocurrency to this day.
Magazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’
The United States stock market lost more in value over the April 4 trading day than the entire cryptocurrency market is worth, as fears over US President Donald Trump’s tariffs continue to ramp up.
On April 4, the US stock market lost $3.25 trillion — around $570 billion more than the entire crypto market’s $2.68 trillion valuation at the time of publication.
Nasdaq 100 is now “in a bear market”
Among the Magnificent-7 stocks, Tesla (TSLA) led the losses on the day with a 10.42% drop, followed by Nvidia (NVDA) down 7.36% and Apple (AAPL) falling 7.29%, according to TradingView data.
The significant decline across the board signals that the Nasdaq 100 is now “in a bear market” after falling 6% across the trading day, trading resource account The Kobeissi Letter said in an April 4 X post. This is the largest daily decline since March 16, 2020.
“US stocks have now erased a massive -$11 TRILLION since February 19 with recession odds ABOVE 60%,” it added. The Kobessi Letter said Trump’s April 2 tariff announcement was “historic” and if the tariffs continue, a recession will be “impossible to avoid.”
Source: Anthony Scaramucci
On April 2, Trump signed an executive order establishing reciprocal tariffs on trading partners and a 10% baseline tariff on all imports from all countries.
Trump said the reciprocal tariffs will be roughly half the rate US trading partners impose on American goods.
Related: Bitcoin bulls defend $80K support as ‘World War 3 of trade wars’ crushes US stocks
Meanwhile, the crypto industry has pointed out that while the stock market continues to decline, Bitcoin (BTC) remains stronger than most expected.
Crypto trader Plan Markus pointed out in an April 4 X post that while the entire stock market “is tanking,” Bitcoin is holding.
Source: Jeff Dorman
Even some crypto skeptics have pointed out the contrast between Bitcoin’s performance and the US stock market during the recent period of macro uncertainty.
Stock market commentator Dividend Hero told his 203,200 X followers that he has “hated on Bitcoin in the past, but seeing it not tank while the stock market does is very interesting to me.”
Meanwhile, technical trader Urkel said Bitcoin “doesn’t appear to care one bit about tariff wars and markets tanking.” Bitcoin is trading at $83,749 at the time of publication, down 0.16% over the past seven days, according to CoinMarketCap data.
Magazine: XRP win leaves Ripple a ‘bad actor’ with no crypto legal precedent set
-
Sports2 years ago‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports12 months agoStory injured on diving stop, exits Red Sox game
-
Sports1 year agoGame 1 of WS least-watched in recorded history
-
Sports2 years agoMLB Rank 2023: Ranking baseball’s top 100 players
-
Sports4 years ago
Team Europe easily wins 4th straight Laver Cup
-
Environment2 years agoJapan and South Korea have a lot at stake in a free and open South China Sea
-
Environment2 years agoGame-changing Lectric XPedition launched as affordable electric cargo bike
-
Business3 years agoBank of England’s extraordinary response to government policy is almost unthinkable | Ed Conway