Bill Clinton turned down an invitation to have tea with the Queen because he “wanted to be a tourist” in London, newly released official papers show.
The US president was visiting the UK in 1997 – four weeks after Tony Blair came to power – and said he wanted to hit the shops and eat Indian food.
Previously classified documents show Mr Clinton, Mr Blair and their wives Hillary and Cherie ended up dining at a French restaurant in London Bridge – complete with beer and fine wine.
Image: The Clintons and the Blairs headed for dinner instead
Memos between Whitehall aides show Mr Clinton was invited to Buckingham Palace to 5pm tea.
But a letter written by Downing Street private secretary Philip Barton said: “The Americans said that the president and Mrs Clinton were very grateful for HM The Queen’s invitation to tea at the palace, but would wish to decline politely.”
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The restaurant bill racked up by the Blairs and Clintons is also among the series of files released by the National Archives in Kew, dating back to Mr Blair’s first few months in government.
They spent a total of £298.86 at Le Pont de La Tour – and the bill featured £20 wild salmon, £19.50 grilled sole, £18 halibut, a £2.95 Budvar beer, and a bottle of Mas de Duamas 1995 wine priced at £34.75.
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Image: Tensions were high between Gordon Brown and Tony Blair’s aides
Blair and Brown tensions
The latest tranche of official papers from 1997 also shows that Mr Blair’s aides wanted Gordon Brown‘s spin doctor “out on his ear” amid fears that unauthorised briefings were damaging the new Labour government.
Files suggest officials struggled to manage tensions between the administration’s two most dominant figures right from their early days in office.
Peter Mandelson – one of Mr Blair’s ministers – repeatedly complained about the actions of Charles Whelan, who served as Mr Brown’s press secretary.
Mr Whelan was accused of planting a series of hostile stories about Mr Mandelson that were making the government “look foolish, and worse”.
A frank note written to Mr Blair also suggested that Mr Brown was using his chairmanship of cabinet committees to “bludgeon through” his own policies.
Image: A referendum on Scottish devolution was held in 1997
Scottish independence worries
The now-unclassified documents from 1997 also show that Downing Street advisers had conceded that Scotland could have a referendum on “anything it wants” without Westminster’s consent.
Even back then, key aides to the prime minister said “a couple of very worried Scottish MPs” were concerned about “the slippery slope to independence”.
Scotland voted in favour of devolution in September 1997, with Labour pledging that the country would be able to set up its own parliament responsible for education, health, transport and other matters.
It was not until 2014 that an independence referendum was held, with 55% voting against proposals for Scotland to break away from the rest of the UK.
Image: Tony Blair greets well-wishers at Downing Street after winning the 1997 election
Blair’s Irish famine message ‘written by aides’
The documents also reveal that Mr Blair’s headline-grabbing admission that the British government was culpable for the Irish Famine was actually hastily ghost-written by his aides.
At the 150th anniversary commemoration in Cork, a message was read on the prime minister’s behalf that said: “That one million people should have died in what was then part of the richest and most powerful nation in the world is something that still causes pain as we reflect on it today.
“Those who governed in London at the time failed their people through standing by while a crop failure turned into a massive human tragedy.”
A request from remarks from Mr Blair was made at the last minute, and they were approved by his private secretary because the prime minister was “not around at the time”.
Image: The Millennium Dome cost £758m and opened on 31 December 1999
Millennium Dome could have been tribute to Diana
Records also reveal that plans had been considered to make the Millennium Dome a tribute to Diana, Princess of Wales – and also faced the prospect of being scrapped altogether.
According to the PM’s director of communications Alastair Campbell, a member of the Dome’s board had proposed that the “Millennium project be completely refashioned, the site extended, to accommodate, for example, a hospital, businesses, charities, private residences, and the whole thing named ‘the Princess Diana Centre’.”
Separately, one of Mr Blair’s aides said: “Diana’s death could give us a semi-plausible excuse to cancel.”
The attraction cost £758m and opened on 31 December 1999, but it only drew 6.5 million visitors in 2000 – far fewer than the 12 million that had been budgeted for.
It was later closed and replaced with The O2, which has hosted concerts, sporting events and other entertainment since 2007.
KuCoin announced an exclusive multiyear deal with Tomorrowland Winter and Tomorrowland Belgium from 2026 to 2028, making the exchange the music festival’s exclusive crypto and payments partner.
The move comes just weeks after KuCoin secured a Markets in Crypto-Assets Regulation (MiCA) service provider license in the European Union.
KuCoin’s MiCA play goes mass‑market
KuCoin EU Exchange recently obtained a crypto asset service provider license in Austria under the EU’s MiCA regime, giving it a fully regulated foothold in the bloc as Brussels’ new rulebook for exchanges, custody and stablecoins comes into force.
The Tomorrowland deal signals how KuCoin plans to use that status, not just to run a compliant trading venue, but to plug crypto rails directly into mainstream culture.
KuCoin joins forces with Tomorrowland. Source: KuCoin
KuCoin said the Tomorrowland deal will cover Tomorrowland Winter 2026 in Alpe d’Huez, France, and Tomorrowland Belgium 2026 in Boom, Belgium, with the same arrangement continuing through 2028.
KuCoin insists this is not just a logo play. A spokesperson at KuCoin told Cointelegraph that as an exclusive payments partner, the exchange is working with Tomorrowland to weave crypto into the festival’s existing payments stack so that “financial tools” sit behind the scenes of ticketing, merch and food and drink.
The stated goal is to keep the rails “intuitive and invisible,” rather than forcing festivalgoers through clunky wallets or unfamiliar flows, with KuCoin positioning itself as facilitating the secure and efficient movement of value while fans focus on the music.
The company declined to spell out exactly which assets and rails will be supported on‑site, or whether every purchase will run natively onchain, but said that KuCoin’s “Trust First. Trade Next.” mantra runs through its messaging.
The spokesperson stressed advanced security, multi‑layer protection and adherence to EU standards as the foundation for taking crypto beyond the trading screen and into live events.
Tomorrowland’s organizers have been here before. In 2022, the festival announced a Web3 partnership with FTX Europe that promised NFTs and “the future of music festivals” before collapsing along with the exchange itself months later.
That experience makes the choice of a MiCA‑licensed partner, and the emphasis on user protection, more than cosmetic; it is a second attempt at bridging culture and crypto (this time with regulatory scaffolding and clearer guardrails).
Rather than setting public hard targets for user numbers or payment volumes by 2028, KuCoin is pitching success as “seamless integration” of crypto into the festival experience:
“We aim to demonstrate that digital assets can be a core component of global digital finance, moving from a niche technology to a mainstream utility. “
Screenshots of an internal email outlining plans to wind down Shima Capital have surfaced online, days after the US Securities and Exchange Commission sued the crypto venture firm and its founder over allegations of investor fraud.
On Nov. 25, the SEC charged Shima Capital Management LLC and its founder, Yida Gao, with making false and misleading statements while raising almost $170 million from investors, the agency announced on Dec. 3.
The complaint, filed in the US District Court for the Northern District of California, alleged that Gao inflated his investment track record in marketing materials used to raise capital for Shima Capital Fund I between 2021 and 2023.
According to the SEC, Gao claimed one prior investment had delivered a 90x return, when the actual return was closer to 2.8x. The regulator also alleged that when discrepancies in the pitch deck were about to be reported publicly, Gao told investors the issues were the result of clerical errors.
SEC alleges $1.9 million undisclosed gain
Separately, the SEC claimed that Gao raised about $11.9 million through a special purpose vehicle tied to BitClout tokens, telling investors that they would be protected by discounted token purchases. While Gao did acquire tokens at a discount, the SEC said he sold them to the SPV at a higher price without disclosing that he personally retained about $1.9 million in profits.
In a Wednesday post on X, crypto journalist Kate Irwin shared screenshots of an email allegedly sent by Gao to portfolio founders. In the screenshots, Gao purportedly said he would step down as managing director of Shima Capital and that the fund would undergo an “orderly wind-down.”
Gao’s alleged email to portfolio companies. Source: Kate Irwin
The screenshots purportedly show Gao stating that the SEC and Department of Justice actions are related to his personal conduct, not that of Shima Capital’s portfolio companies, and claiming that no fines have been imposed on the company.
The screenshots also show that independent advisers from FTI Consulting and FTI Capital Management would oversee the wind-down process and monetization of investments, while Shima’s finance team would remain in place. Gao allegedly said he would remain involved with portfolio support “as permitted,” but without management control.
Cointelegraph could not independently verify the email. We reached out to Shima Capital and some of the fund’s portfolio companies for confirmation, but had not received responses at the time of publication.
Shima Capital launched with $200 million debut fund
In 2022, Shima Capital announced the launch of its first venture fund, Shima Capital Fund I, raising $200 million to back early-stage blockchain startups. Founded in 2021 by Gao, the firm said the fund received backing from a range of prominent investors, including Dragonfly Capital, Animoca Brands, OKX Blockdream Capital, Republic and Andrew Yang.
Shima Capital has invested in numerous crypto projects, including Humanity Protocol, Berachain, Monad, Pudgy Penguins, Shiba Inu and many others.