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Reform UK leader Richard Tice has refused to rule out Nigel Farage becoming the next leader of his party.

Mr Tice, who succeeded Mr Farage in March 2021, admitted the “more help Nigel can give, the better”.

He was asked about the fate of the former UKIP leader by Sophy Ridge on the Politics Hub as Mr Farage appears on I’m A Celebrity… Get Me Out of Here! in Australia.

Politics latest: PM under pressure over latest net migration figures

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Pic: ITV/Shutterstock

According to Mr Tice, people are enjoying seeing “Nigel the individual” because he is “revealing his personality”.

“I hope he goes all the way in the programme,” he added.

Asked whether Mr Farage could make a comeback to lead Reform – formerly the Brexit Party – he replied: “I’m the leader, he’s made it very clear he doesn’t want to stand in a first-past-the-post election.

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“We’re very pro-proportional representation. That’s the fairest way to conduct elections. But the more help Nigel can give, the better.”

Pressed again on whether that could mean Mr Farage taking over, Mr Tice said: “Let’s wait and see.”

He added: “The Tories are terrified of the progress of Reform UK.”

In 2020, the Brexit Party applied to change its name to Reform UK – admitting it was “time to redirect our energies”, which were later focused on opposing COVID lockdowns.

Mr Farage stood down as the leader of Reform a year later – saying his “life’s work” of securing the UK’s exit from the European Union had taken “the best part of three decades” but the time had come for him to step down.

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Pic: ITV/Shutterstock

A YouGov poll earlier this month put Reform on 10% of the vote – tied with the Liberal Democrats – while the Tories stood at 21% and Labour 44%.

Mr Tice claimed that the Tories had “abandoned” Brexit as he criticised the latest net migration figure – a record-breaking 745,000 in 2022 – as “appalling”.

A Number 10 spokesperson admitted net migration “remains far too high” and said the government was “taking action to bring it down”.

He said the numbers were a “complete betrayal of what everybody who voted Conservative, voted for Brexit”.

“What we wanted, we were told and promised by the Conservative government, was that Brexit would take back control of our borders, that it would reduce immigration numbers below 200,000 a year.

“And instead, actually what’s happened is that they’ve at least trebled since then. We’ve now got people coming into the UK about the size of Birmingham every single year.”

Dismissing suggestions that Reform could do a deal with the Conservatives by standing aside in some seats as it did in the 2019 election, Mr Tice said: “I’ve made it very clear, very clear – zero deals with the Tories.

“We stand in every single seat. Democracy is better when people have got more options, more discussion, more debates.”

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Crypto self-custody is a fundamental right, says SEC’s Hester Peirce

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Crypto self-custody is a fundamental right, says SEC's Hester Peirce

Hester Peirce, a commissioner of the United States Securities and Exchange Commission (SEC) and head of the SEC’s Crypto Task Force, reaffirmed the right to crypto self-custody and privacy in financial transactions.

“I’m a freedom maximalist,” Peirce told The Rollup podcast on Friday, while saying that self-custody of assets is a fundamental human right. She added:

“Why should I have to be forced to go through someone else to hold my assets? It baffles me that in this country, which is so premised on freedom, that would even be an issue — of course, people can hold their own assets.”

Privacy, SEC, Freedom, United States, Self Custody, Bitcoin Adoption, ETF
SEC commissioner Hester Peirce discusses the right to self-custody and financial privacy. Source: The Rollup

Peirce added that online financial privacy should be the standard. “It has become the presumption that if you want to keep your transactions private, you’re doing something wrong, but it should be exactly the opposite presumption,” she said.

The comments came as the Digital Asset Market Structure Clarity Act, a crypto market structure bill that includes provisions for self-custody, anti-money laundering(AML) regulations, and asset taxonomy, is delayed until 2026, according to Senator Tim Scott.

Related: SEC to hold privacy and financial surveillance roundtable in December

Exchange-traded funds (ETFs) challenge Bitcoin’s self-custody ethos

Many large Bitcoin (BTC) whales and long-term holders are pivoting from self-custody to ETFs to reap the tax benefits and hassle-free management of owning crypto in an investment vehicle.

“We are witnessing the first decline in self-custodied Bitcoin in 15 years,” Dr. Martin Hiesboeck, the head of research at crypto exchange Uphold, said.