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Sir Keir Starmer has talked up the US-UK relationship after a White House meeting with Joe Biden, but questions remain over Ukraine’s use of long-range missiles.

The prime minister travelled to Washington this week to meet with President Biden to discuss the wars in Ukraine and Gaza – among other issues.

Speaking before the “long and productive” meeting held in the White House on Friday, Sir Keir said the two countries were “strategically aligned” in their attempts to resolve the war.

Afterwards, he skirted around questions regarding Ukraine’s use of long-range missiles, saying: “We’ve had a long and productive discussion on a number of problems, including Ukraine, as you’d expect, the Middle East, and the Indo-Pacific, talking strategically about tactical decisions.

“This isn’t about a particular decision but we’ll obviously pick up again in UNGA (UN General Assembly) in just a few days’ time with a wider group of individuals, but this was a really important invitation from the president to have this level of discussion about those critical issues.”

Ukraine war latest: Putin threatens NATO with ‘war’

Decisions loom for Ukraine’s key Western allies as Volodymyr Zelenskyy has recently increased pressure on them to permit his forces to use long-range missiles to strike inside Russian territory.

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However, despite repeated calls for a decision, the West has so far resisted green-lighting the use of the missiles.

Sir Keir Starmer and David Lammy speaking to the media outside the White House. Pic: PA
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Sir Keir Starmer and David Lammy speaking to the media outside the White House on Friday. Pic: PA

Two US officials familiar with the discussions said they believed that Sir Keir was seeking US approval to let Ukraine use British Storm Shadow missiles for expanded strikes into Russia, according to Reuters news agency.

They added that they believed Mr Biden would be amenable.

The president’s approval would be needed because Storm Shadow components are made in the US.

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Military analyst Sean Bell looks at how serious Putin’s threats could be

But when speaking to journalists after the meeting, Sir Keir was repeatedly pressed on the long-range missile question but evaded giving a firm decision.

“This wasn’t a meeting about a particular capability. That wasn’t why we got our heads down today,” he said.

The US has been concerned that any step could lead to an escalation in the conflict and has moved cautiously so far, however, there have been reports in recent days that Mr Biden might shift his administration’s policy.

It wasn’t much, but it’s a start

There wasn’t much to say at the end, but it’s a start.

Both sides in these discussions had spent some time playing down expectations and the Americans were insistent their stance wasn’t changing on Ukraine and long-range missiles.

“Nothing to see here” seemed to be the message.

Only, there clearly was – a glance at the headlines gave that the lie.

It’s not every day a Russian president threatens war with the West.

The UK and US were discussing a change in strategy because they must – anything less would be a dereliction of duty for two leaders pledging a commitment to Ukraine’s fight.

Just ask Kyiv’s president Volodymyr Zelenskyy.

Following the meeting, Sir Keir Starmer said they’d talked tactics and strategy.

It will have had missiles, range, and Russian territory at the heart of it.

That is the material change in strategy demanded by Ukraine and supported widely among its backers.

A plan discussed by both sides of the special relationship will now be floated to other, allied nations in an effort to build a coordinated coalition behind a change in strategy.

And they’ll do it against the clock.

There is the unpredictability of the war itself in Ukraine and no less certainty surrounding the political battle at home.

A Trump victory in November’s US election would change the picture – here and there.

Vladimir Putin previously threatened the West, warning that allowing Ukraine to use long-range missiles to strike inside Russian territory would put Moscow “at war” with NATO.

Speaking to Russian state television, he insisted the decision would “significantly change” the nature of the war.

President Joe Biden, left, hosts a bilateral meeting with UK Prime Minister Keir Starmer, right, in the Blue Room of the White House, Friday, Sept. 13, 2024, in Washington. (AP Photo/Manuel Balce Ceneta)
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Pic: AP

He added: “This will be their direct participation, and this, of course, will significantly change the very essence, the very nature of the conflict.

“This will mean that NATO countries, US, European countries are at war with Russia.

“If this is so, then, bearing in mind the change in the very essence of this conflict, we will make appropriate decisions based on the threats that will be created for us.”

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When asked about the threats, Mr Biden brushed them aside, saying: “I don’t think much about Vladimir Putin.”

Read more:
Biden ‘not ruling out’ allowing Ukraine to fire into Russia – Blinken

Iran supplying Russia with ballistic missiles – Blinken
Analysis: Russia’s links with Iran are growing stronger

There remains some scepticism within the US over the impact that allowing Kyiv to unleash long-range missiles would have.

US officials, according to Reuters, have pointed out that Ukraine already has the capability to strike into Russia using drones, and while US missiles would enhance that they are too costly and limited in number to change the overall picture.

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Cboe seeks to add staking to Fidelity’s Ether ETF

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Cboe seeks to add staking to Fidelity’s Ether ETF

Cboe seeks to add staking to Fidelity’s Ether ETF

Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing. 

The filing marks Cboe’s latest attempt to support staking for the Ether (ETH) funds traded on its US exchange. 

Cboe’s proposed rule change would allow Fidelity Ethereum Fund (FETH) to “stake, or cause to be staked, all or a portion of the Trust’s ether through one or more trusted staking providers,” the filing said.

The Fidelity Ethereum Fund is among the most popular Ether ETFs, with nearly $1 billion in assets under management, according to data from VettaFi. 

In February, Cboe asked permission to add staking to another Ether ETF, the 21Shares Core Ethereum ETF.

Staking Ether enhances returns and involves posting ETH as collateral with a validator in exchange for rewards.

As of March 11, staking Ether yields approximately 3.3% APR, denominated in ETH, according to Staking Rewards.

Other popular cryptocurrencies, including Solana (SOL), also feature staking mechanisms. 

Cboe seeks to add staking to Fidelity’s Ether ETF

Staking rewards by asset type. Source: Staking Rewards

Related: SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs

Proposed rule changes

The US Securities and Exchange Commission must still approve Cboe’s proposed rule changes before staking can commence.

In February, the SEC acknowledged more than a dozen exchange filings related to cryptocurrency ETFs, according to records.

The SEC’s acknowledgments highlight how the agency has softened its stance on crypto since US President Donald Trump started his second term on Jan. 20. 

In addition to staking, the filings, submitted by Cboe and other exchanges, addressed proposed rule changes concerning options, in-kind redemptions and new types of altcoin funds.

Cboe has also asked permission to list Canary and WisdomTree’s proposed XRP (XRP) ETFs and support in-kind creations and redemptions for Fidelity’s Bitcoin (BTC) and ETH ETFs, among other proposed changes.

Magazine: MegaETH launch could save Ethereum… but at what cost?

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Texas lawmaker seeks to cap state’s proposed BTC purchases at $250M

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Texas lawmaker seeks to cap state’s proposed BTC purchases at 0M

Texas lawmaker seeks to cap state’s proposed BTC purchases at 0M

A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.

In a bill filed on March 10, Texas Representative Ron Reynolds proposed the state’s comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund — otherwise known as a “rainy day” fund — in Bitcoin (BTC) or other cryptocurrencies. The legislation also suggested that Texas municipalities or counties could not invest more than $10 million in crypto.

Law, Texas, Bitcoin Reserve

HB 4258, filed by Texas Representative Ron Reynolds. Source: Texas legislature

The proposed bill followed the Texas Senate passing legislation on March 6 to establish a strategic Bitcoin reserve in the state. The SB 21 bill seemingly could allow the Texas comptroller to have no limit on purchasing BTC for a reserve, based on the most recent draft. 

Related: Bitcoin reserve backlash signals unrealistic industry expectations

The plan for a strategic Bitcoin reserve in Texas was one of many separate bills proposed in US state governments following the inauguration of President Donald Trump and Republican lawmakers winning control of the US House of Representatives and Senate. Texas Lieutenant Governor Dan Patrick said in January that the state’s legislative priorities for 2025 would include a proposal to establish a Texas Bitcoin Reserve.

Is there a partisan divide on state and federal crypto plans?

It’s unclear if Rep. Reynolds, a Democrat, intended to support the BTC reserve bill introduced by State Senator Charles Schwertner, a Republican, or propose restrictions in the event the legislation becomes law. If passed and signed by Governor Greg Abbott, the bill would take effect on Sept. 1. Cointelegraph reached out to Rep. Reynolds’ office for comment but did not receive a response at the time of publication. 

Though Trump signed an executive order on March 7 to create a federal “Strategic Bitcoin Reserve” and “Digital Asset Stockpile,” many legal experts have questioned the US president’s authority to enact specific policies through EOs. Wyoming Senator Cynthia Lummis reintroduced legislation on March 11 to codify the proposed BTC reserve into law in the Senate.

Magazine: Elon Musk’s plan to run government on blockchain faces uphill battle

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Rupert Lowe ‘keeping options open’ after ousting by Reform UK

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Rupert Lowe 'keeping options open' after ousting by Reform UK

Ousted Reform UK MP Rupert Lowe has told Sky News he has not ruled out joining the Conservatives or a new political party, declaring: “I’m keeping my options open.”

Mr Lowe answered a series of questions from Sky News after the latest twist in his feud with Nigel Farage, with a police investigation launched into claims he threatened party chairman Zia Yusuf.

The Metropolitan Police announced it had launched an investigation “into an allegation of a series of verbal threats made by a 67-year-old man” between December 2024 and February 2025.

Politics latest: UK set to be hit by Trump’s steel tariffs

Responding to the police statement, Mr Lowe said he had instructed lawyers, who had made contact with the Met and made them aware of his willingness to co-operate in any necessary investigation.

“My lawyers have not yet received any contact from the police,” he said.

“It is highly unusual for the police to disclose anything to the media at this stage of an investigation.

More on Nigel Farage

“I remain unaware of the specific allegations, but in any event, I deny any wrongdoing. The allegations are entirely untrue.”

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Reform UK row explained

Could Lowe join Tories?

Later, Sky News asked the Great Yarmouth MP if he thought there was a way back into Reform UK for him or was this the end – and if he might join the Tories or a new political party.

“This has all happened over a few days,” Mr Lowe replied.

“I have been focused on debunking these false and damaging allegations. Who knows what will happen? I’m keeping my options open.”

In an interview on Monday, Mr Lowe said: “I was a Tory years ago. I think the Tories have got a lot of work to do. I think there’s some extremely good Tory MPs. I get on with a lot of them.”

For the Conservatives, the shadow home secretary Chris Philp said: “He hasn’t applied but obviously we’re a broad and welcoming political party.”

He told Times Radio: “People have been joining the Conservatives from across the political spectrum and we always welcome new joiners.”

Read more:
Reform reports Rupert Lowe to police

The Reform row: What has happened and what has been said?

Rupert Lowe. File pic: PA
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Mr Lowe is a former chair of Southampton Football Club. File pic: PA

New splinter group?

And in a move seen as a hint of a new splinter group, another ousted Reform UK politician, former deputy leader Ben Habib, told The Daily Telegraph that Mr Lowe was a “good friend” and he was “constantly in touch with” him.

Sky News also asked Mr Lowe who he blamed for the party’s treatment of him, including throwing him out of the party after he criticised Mr Farage. Was Mr Farage or Mr Yusuf to blame?

“Honestly, all of them,” he said.

“This was a team effort to blacken my name. If it wasn’t for my presence on X, I would have been buried under the false allegations. For that, I have to thank Elon Musk.”

He was asked about Mr Farage quoting Labour minister Mike Kane claiming after a heated Commons clash with Mr Lowe in December: “The anger displayed towards me clearly showed a man not in charge of his own faculties.”

Pic: Reuters
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Shadow home secretary Chris Philp said the door was open. Pic: Reuters

In a Sunday Telegraph article, Mr Farage added: “I never saw anything like it in the European Parliament in 2019 when I was the leader of the Brexit Party and Mr Lowe was an MEP colleague.”

In response, Mr Lowe told Sky News: “Reform sources have been briefing that I have dementia. This is the single most appalling thing I have ever seen in politics.

“Anyone who has known someone who has suffered so hideously from dementia will understand just how offensive it is. It shows the type of people we are dealing with.”

In the same article, Mr Farage claimed there had been “too many similar outbursts from Mr Lowe, often involving the use of inappropriate language to the despair of our chief whip, Lee Anderson”.

Mr Lowe hit back, telling Sky News: “More baseless nonsense, spouted out to tarnish my reputation. Their malicious witch-hunt has fallen apart.”

Last year, when Mr Anderson was Conservative Party deputy chairman, he apologised after parliament’s watchdog on bullying and harassment found he told a security guard to “f*** off, everyone opens the door to me”.

He was found to have twice sworn at the security officer and acted in a way that “constituted bullying and also harassment” in breach of parliament’s behaviour policy, an independent expert panel concluded.

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