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Robert Jenrick says he is “prepared” to vote against the Rwanda bill if the government does not adopt “robust” changes to the proposed legislation.

Two days of debate on the proposed law has begun in in the Commons, with the legislation aiming to deter asylum seekers from coming to the UK via small boat crossings.

Rishi Sunak has said the new bill, which includes clauses to define Rwanda as a “safe country” and reduces the ability for people to appeal, answers the concerns of the the UK Supreme Court – which ruled the plan unlawful – while also ensuring deportations will take place.

Politics live: Johnson tells PM to accept rebel amendments

A Boeing 767 aircraft at MoD Boscombe Down, near Salisbury, which is believed to be the plane set to take asylum seekers from the UK to Rwanda. Picture date: Tuesday June 14, 2022.
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No migrants have been flown to Rwanda so far

But many on the right of the party – including Mr Jenrick, who resigned as immigration minister over the issue – want the prime minister to toughen up the legislation with a raft of amendments, including one that would block injunctions on flights taking off.

Make this move, however, and Mr Sunak risks upsetting the centrist wing of his party, with the One Nation faction already concerned the bill goes too far from the UK’s international obligations.

Speaking to Sky News’s political editor Beth Rigby, Mr Jenrick said he did not want to get to the “situation” where he would have to rebel against the government, but added: “I am prepared to vote against the bill… because this bill doesn’t work, and I do believe that a better bill is possible.

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“So the government has a choice. It can either accept my amendments… or it can bring back a new and improved bill, and it could do that within a matter of days because we know the shape of that bill.”

He added: “The opportunity here is immense. Let’s not waste it by creating a scheme that is like a bucket riddled with holes.”

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Jenrick: ‘Tens of thousands more’ will come if bill not ‘fixed’

The former immigration minister said he “didn’t accept” that if the bill failed in the Commons, Mr Sunak’s premiership would be in crisis – despite two deputy Tory chairmen now risking the sack to vote for the rebel amendments.

“This isn’t about the prime minister or his leadership of the Conservative Party,” Mr Jenrick said. “This is about fixing one of the biggest problems facing not just this country, but countries all over the world.

“And as I’ve set out in great detail since I resigned on principle last month, if we don’t fix this problem, we’ll see tens of thousands more people coming to our country.

“I don’t want to see the bill either fail or proceed in its current state. Neither is a satisfactory outcome. But I do know that a better bill is possible and the ball is in the government’s court here.”

He added: “The point is that there’s no point having a moment of unity in passing a bill that doesn’t work – that’s an illusion.

“What matters is whether it works. And if we’re celebrating this week, but in August there are still thousands of people coming across in small boats, no one will remember the events of this week.”

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PM claims Tories are ‘completely united’ in wanting to stop the boats

Govt ‘risks clogging up the courts’

Sky News understands the government still doesn’t plan to accept any of the amendments from right-wing MPs.

However, shortly before the debate began – and in an attempt to appease rebels – Justice Secretary Alex Chalk confirmed 25 hearing rooms had been prepared and more than 100 additional staff had been recruited to help speed up appeals and deportations.

But Mr Jenrick said: “Adding more judges into the mix simply accepts my central argument that there will be an absolute cascade of individual claims from migrants as they arrive into the country and [that] will clog up the courts.

“It will delay things and the scheme will become completely inoperable.”

Robert Jenrik during the debate on the Rwanda bill
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Robert Jenrik during a debate on the Rwanda bill

The former minister also rejected the government’s argument that any strengthening of the law would lead to the Rwandan government pulling out of the scheme altogether, rather than risk being linked with breaches of international law.

“It is quite an implausible suggestion from the government, which was raised at the 11th hour,” he said.

“I think it’s a highly convenient argument… you weren’t born yesterday, neither was I. I don’t think that is going to wash with parliamentary colleagues.”

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Would Labour support Rwanda plan?

Mr Jenrick continued: “All we care about is what works. It is absolutely critical for the country not to talk about the government, but to actually get the Rwanda scheme up and running.

“Illegal migration is doing untold damage to our country. I won’t allow that to continue.

“I said, as did the prime minister, that we would do whatever it takes. And the bill before parliament this week is not that.

“That is why we need to amend it, to toughen it and to ensure those flights do truly get off to Rwanda.”

Today’s debate will last for six hours, with a further six hours expected on Wednesday.

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Labour suspends MP Dan Norris after arrest

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Labour MP Dan Norris arrested on suspicion of rape and child sex offences

The Labour Party has suspended its MP Dan Norris after “being informed of his arrest”.

A Labour Party spokesperson said: “Dan Norris MP was immediately suspended by the Labour Party upon being informed of his arrest.

“We cannot comment further while the police investigation is ongoing.”

Mr Norris defeated Jacob Rees-Mogg to win the new seat of North East Somerset and Hanham in last year’s general election.

He has also lost the party whip in the House of Commons.

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Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

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Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

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.

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

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 turns 50 as Bitcoin becomes US reserve asset

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 Nakamoto turns 50 as Bitcoin becomes US reserve asset

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’

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Wall Street’s one-day loss tops the entire crypto market cap

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Wall Street’s one-day loss tops the entire crypto market cap

Wall Street’s one-day loss tops the entire crypto market cap

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.”

Nasdaq, United States, Stocks

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.

Nasdaq, United States, Stocks

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

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