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Sir Keir Starmer has said it is “too early” to decide whether to remove a leading Syrian rebel group from the government’s proscribed terrorist list following its victory over Bashar al Assad’s forces.

The prime minister said “no decision is pending on this” when asked about the potential move following the defeat Hayat Tahrir al Sham (HTS) inflicted on the decades-long Assad regime.

It comes after Sir Keir announced a further £11m in humanitarian aid for the most vulnerable in Syria following the events over the weekend, including the hundreds of thousands who have been displaced in the conflict.

Alongside the US and other Western allies, the UK is currently considering whether to remove HTS, the rebel group that led the successful offensive against Mr al Assad, from its proscribed list of terrorist organisations.

HTS used to be a wing of al Qaeda known as the Nusra Front and has long been designated a terrorist group by the US, UK and Russia.

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Its founder, Abu Mohammed al Jolani, cut ties with al Qaeda in 2016 in an effort to appear moderate and in 2021 he said he had no desire to wage war against Western countries.

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On Monday Pat McFadden, the chancellor of the Duchy of Lancaster, said the UK government would “consider” removing the group from its list of banned terror organisations and suggested this could be done quickly.

But speaking from Riyadh, the capital of Saudi Arabia, the prime minister said: “No decision is pending at all on this.

“It is far too early. At the moment, the focus has to be on talking to our allies, making sure that this is an opportunity for Syria.”

He was echoed by David Lammy, the foreign secretary, who said the government would “judge HTS by their actions”.

In an update to MPS, he said: “Thus far, HTS has offered reassurances to minorities in Aleppo, Hama and Damascus.

“They have also committed to cooperating with the international community over monitoring chemical weapons.

“We will judge HTS by their actions, monitoring closely how they and other parties to this conflict treat all civilians in areas they control.”

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Relatives crowd into notorious prison dubbed the ‘human slaughterhouse’.

He added: “The UK and our allies have spent over a decade combating terrorism in Syria, Daesh [Isis] remains one of the most significant terrorist threats to the UK our allies and our interests overseas, we take seriously our duty as government to protect the public from this and other terrorist threats.”

“If we are to achieve a better future for Syrians, we should let Syrians themselves determine their future,” he added.

Mr Lammy also pointed to £36m in funding for the National Crime Agency on anti corruption, which was announced earlier today, adding: “Illicit finance was a fundamental part of Assad’s playbook, and it’s a part of [Vladimir] Putin’s playbook and the playbook of dictators and criminals around the world.

“This hurts ordinary people in our own country and people in Syria. It drives up crime, and it drives up house prices here in the UK.”

Earlier, Sir Keir – who has been visiting the Middle East to shore up ties and encourage investment – promised that the UK would play a more active role in the region for the advantage of people in Britain.

“From cutting the cost of living for hardworking British people, to building resilient supply chains or supporting communities in Britain, what happens in the Middle East matters at home,” he said.

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“That is why we are strengthening our defence partnership with Saudi Arabia, protecting the most vulnerable in Syria, supporting our partners in Lebanon and working with the international community to push for a ceasefire in Israel and Gaza, secure the return of all hostages and accelerate aid into Gaza.

“To deliver on my plan for change, we need a strong foundation of security but that cannot just be built at home, it requires us to play our part on the world stage to support stability and protect partners from threats, both now and in the future.”

As well as vowing to play a more active role in the region, the prime minister said the UK would also seek to strengthen defence co-operation with Saudi Arabia.

The UK will also provide the Lebanese Armed Forces (LAF), regarded as the only legitimate military force in Lebanon, with training and equipment in order to maintain the ceasefire agreed with Israel.

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Kraken co-CEO warns UK rules meant to protect users now punish them: FT

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Kraken co-CEO warns UK rules meant to protect users now punish them: FT

Arjun Sethi, the co-CEO of major crypto exchange Kraken, criticized the United Kingdom’s crypto regulations, which he believes hinder services for their customers.

In an interview with the Financial Times, Sethi said that “in the UK today, if you go to any crypto website, including Kraken’s, you see the equivalent to a cigarette box.” He suggested that the disclaimers have a significant impact on customer experience.

Sethi suggested that disclosures slow users down and that, because of the importance of speed in crypto trading, “it’s worse for customers.” He concluded that “disclosures are important […] but if there are 14 steps, it’s worse.”

The UK Financial Conduct Authority’s (FCA) updated financial promotion regime came into force in October 2023. It introduced a “cooling-off” period for first-time crypto investors and requires firms to assess whether users have sufficient knowledge and experience before trading.

Sethi said that the rules may prompt customers to avoid investing in crypto altogether, potentially leading to missed potential gains. The FCA defended the rules, noting that “some consumers may make an informed decision that investing in crypto is not right for them — that is our rules working as intended.”

Kraken, UK Government, Cryptocurrency Exchange, United Kingdom
Example of disclaimer from the Kraken website. Source: Kraken

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The UK is slowly opening to crypto

Despite frustrations with the FCA, the UK appears to be moving toward a broader alignment with the United States on digital-asset oversight.

Lisa Cameron, a former United Kingdom Member of Parliament and founder of the UK-US Crypto Alliance, said she believes a joint “sandbox” between the UK and the US is in development to align their crypto markets.

She came to this conclusion after discussion with US Senators and regulators and expects the sandbox’s purpose to be to “iron out some of this in terms of passporting” for crypto licenses between the UK and the US.

On Monday, the Bank of England published a consultation paper proposing a regulatory framework for stablecoins. The new legislation is focused on sterling-denominated “systemic stablecoins” widely used in payments, similar to the US’s GENIUS Act.

Related: British crypto firm KR1 eyes London Stock Exchange as UK warms to industry: FT

UK looks to the US for an example on crypto

A crypto collaboration between the UK and the US is not a new phenomenon. September reports noted that treasury authorities in the US and UK created a transatlantic task force to explore “short-to-medium term collaboration on digital assets.” Also in September, UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed how the two nations could strengthen their coordination on crypto.

September also saw UK trade groups urge the UK government to include blockchain technology in a technology collaboration with the US program known as “Tech Bridge.” A joint letter by the organization warned that “excluding digital assets from the UK-US Tech Bridge would be a missed opportunity,” and that it “risks leaving Britain on the sidelines.”

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