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A breakthrough may have been made in attempts to unlock Boris Johnson’s old mobile phone.

An ally of the former prime minister has suggested that a “version” of the device’s PIN has been found by the government.

The phone was used until May 2021, and likely contains WhatsApp messages related to the ordering of coronavirus lockdowns – as well as the Johnson administration’s early response to the pandemic.

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COVID inquiry: Everything you need to know

On Monday, the government missed a deadline to hand over this evidence to the COVID inquiry.

According to The Times, the delay was because Mr Johnson had forgotten the password to the phone.

Mr Johnson’s spokesperson did not deny the claims to Sky News – instead saying that government-appointed “technical experts” were continuing to work “to recover material safely from the device”.

Yesterday, one of his allies said: “It is not true that Boris does not remember his PIN number, it is just that he does not have 100% confidence he remembers it.

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“Separately, the government has found its own version of the PIN.”

He was advised not to access the phone again on security grounds while serving as prime minister after it emerged his number had been freely available online for 15 years.

Whitehall officials were known to be trying to securely retrieve the messages on the phone, which is being held by Mr Johnson’s lawyers.

The Cabinet Office has been contacted for comment about the suggestion technicians have discovered a past code that Mr Johnson used.

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‘I’m profoundly sorry for each COVID death’

According to The Times, there are concerns the contents could be wiped if the wrong combination of numbers is entered.

The newspaper has also reported that the device was last accessed in December 2021 after Lord Geidt – then the prime minister’s adviser on ministerial interests – asked for WhatsApp messages relating to an investigation about the funding of the refurbishment of the Downing Street flat.

If accurate, this would suggest that the phone has been opened since Mr Johnson was told to no longer use it.

Mr Johnson’s spokesman has been approached about the claim.

The Cabinet Office had until 4pm on Monday to hand over the unredacted WhatsApp messages from Mr Johnson’s previous phone after it lost a legal challenge.

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Ministers had fought a request from inquiry chairwoman Baroness Heather Hallett to release his uncensored messages, notebooks and diaries from his time in Downing Street, arguing they should not have to hand over material that was “unambiguously irrelevant”.

But the argument was dismissed by the High Court last week.

The government has since handed over the rest of Mr Johnson’s documents, except for the messages from the locked phone.

The inquiry, which heard evidence from Levelling Up Secretary Michael Gove yesterday, is understood to be aware of the efforts to securely extract any potentially relevant content from Mr Johnson’s old phone.

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From May: ‘Govt co-operating with inquiry’

A mobile security expert has cast doubt on claims the messages cannot be accessed because of a memory lapse on Mr Johnson’s part.

Andrew Whaley, senior technical director at Norwegian cybersecurity company Promon, said: “This is a pretty lame excuse. Provided Boris’s WhatsApp is backed up, accessing the data would take minutes.

“As this is a diplomatic phone, the security measures may very well be different, but even still, it’s not an impossible task by any means.”

The COVID-19 Bereaved Families for Justice group said it was a “complete joke” and Mr Johnson “needs to take full responsibility” for handing over his WhatsApp messages.

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US court pauses 18-state lawsuit against SEC after agency’s leadership change

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US court pauses 18-state lawsuit against SEC after agency’s leadership change

US court pauses 18-state lawsuit against SEC after agency’s leadership change

A US federal judge has agreed to pause a lawsuit filed by 18 state attorneys general and the crypto lobby group DeFi Education Fund against the Securities and Exchange Commission after all parties said new SEC leadership could make the action moot.

Kentucky District Court Judge Gregory Van Tatenhove ordered a 60-day stay on the case on April 16, noting a mid-March filing from the SEC that “this case could potentially be resolved” due to a leadership transition at the regulator.

He added that the parties must file a joint status report within 30 days.

Paul Atkins, a Wall Street adviser who has held board positions with crypto advocacy groups, was sworn in as the new SEC chair earlier this month, replacing acting chair Mark Uyeda and taking over from Gary Gensler.

The 18 attorneys general, all hailing from Republican states, filed the lawsuit with the DeFi Education Fund against the securities regulator in November, alleging that the SEC exceeded its authority when targeting crypto exchanges with lawsuits, accusing the regulator and then-chair Gensler of “gross government overreach.” 

The plaintiffs included attorneys general from Nebraska, Tennessee, Wyoming, Kentucky, West Virginia, Iowa, Texas, Mississippi, Ohio, Montana, Indiana, Oklahoma and Florida, among others.

“Without Congressional authorization, the SEC has sought to unilaterally wrest regulatory authority away from the States through an ongoing series of enforcement actions,” the lawsuit stated. 

US court pauses 18-state lawsuit against SEC after agency’s leadership change
Screenshot from filing ordering pause of proceedings. Source: CourtListener

DeFi groups drop case against IRS over killed broker rule

Meanwhile, the DeFi Education Fund, Blockchain Association, and Texas Blockchain Council dropped their lawsuit against the Internal Revenue Service on April 16. 

“The parties hereby stipulate to voluntary dismissal of this action without prejudice because the case has become moot,” stated the filing

The lawsuit, filed in December, argued that the so-called IRS DeFi broker rule went beyond the agency’s authority and was unconstitutional.

Related: NY attorney general urges Congress to keep pensions crypto-free — ‘No intrinsic value’

On April 11, President Donald Trump signed a bill to revoke the rule that would have required DeFi protocols to report transactions to the IRS.

It comes as the SEC has paused or dropped several high-profile lawsuits against crypto companies this year under its new leadership.

Magazine: Illegal arcade disguised as … a fake Bitcoin mine? Soldier scams in China: Asia Express

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Panama’s capital to accept crypto for taxes, municipal fees

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<div>Panama's capital to accept crypto for taxes, municipal fees</div>

<div>Panama's capital to accept crypto for taxes, municipal fees</div>

Panama’s capital city will accept cryptocurrency payments for taxes and municipal fees, including bus tickets and permits, Panama City mayor Mayer Mizrachi announced on April 15, joining a growing list of jurisdictions globally that have voted to accept such payments.

Panama City will begin accepting Bitcoin (BTC), Ether (ETH), Circle’s USDC (USDC), and Tether’s USDt (USDT) stablecoin for payment once the crypto-to-fiat payment rails are established, Mizrachi posted on the X platform.

Mizrachi said previous administrations attempted to push through similar legislation but failed to overcome stipulations requiring the local government to accept funds denominated in US dollars.

In a translated statement, the Panama City mayor said that the local government partnered with a bank that will immediately convert any digital assets received into US dollars, allowing the municipality to accept crypto without introducing new legislation.

Panama City joins a growing list of global jurisdictions on the municipal and state level accepting cryptocurrency payments for taxes, exploring Bitcoin strategic reserves to protect public treasuries from inflation and passing pro-crypto policies to attract investment.

Taxes, Panama, Bitcoin Adoption
Source: Mayer Mizrachi

Related: New York bill proposes legalizing Bitcoin, crypto for state payments

Municipalities and states embrace digital assets

Several municipalities and territories around the globe already accept crypto for tax payments or are exploring various implementations of blockchain technology for government spending.

The US state of Colorado started accepting crypto payments for taxes in September 2022. Much like Panama City said it will do, Colorado immediately converts the crypto to fiat.

In December 2023, the city of Lugano, Switzerland, announced taxes and city fees could be paid in Bitcoin, which was one of the developments that earned it the reputation of being a globally recognized Bitcoin city.

The city council of Vancouver, Canada, passed a motion to become “Bitcoin-friendly city” in December 2024. As part of that motion, the Vancouver local government will explore integrating BTC into the financial system, including tax payments.

North Carolina lawmaker Neal Jackson introduced legislation titled “The North Carolina Digital Asset Freedom Act” on April 10. If passed, the bill will recognize cryptocurrencies as an official form of payment that can be used to pay taxes.

Magazine: Crypto City: The ultimate guide to Miami

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Fed’s Powell reasserts support for stablecoin legislation

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<div>Fed's Powell reasserts support for stablecoin legislation</div>

<div>Fed's Powell reasserts support for stablecoin legislation</div>

As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a “good idea,” said US Federal Reserve Chair Jerome Powell.

In an April 16 panel at the Economic Club of Chicago, Powell commented on the evolution of the cryptocurrency industry, which has delivered a consumer use case that “could have wide appeal” following a difficult “wave of failures and frauds,” he said.

Fed's Powell reasserts support for stablecoin legislation

Powell delivers remarks at the Economic Club of Chicago. Source: Bloomberg Television

During crypto’s difficult years, which culminated in 2022 and 2023 with several high-profile business failures, the Fed “worked with Congress to try to get a […] legal framework for stablecoins, which would have been a nice place to start,” said Powell. “We were not successful.”

“I think that the climate is changing and you’re moving into more mainstreaming of that whole sector, so Congress is again looking […] at a legal framework for stablecoins,” he said. 

“Depending on what’s in it, that’s a good idea. We need that. There isn’t one now,” said Powell.

This isn’t the first time Powell acknowledged the need for stablecoin legislation. In June 2023, the Fed boss told the House Financial Services Committee that stablecoins were “a form of money” that requires “robust” federal oversight.

Related: Stablecoins are the best way to ensure US dollar dominance — Web3 CEO

Support for stablecoin legislation is growing

The election of US President Donald Trump has ushered in a new era of pro-crypto appointments and policy shifts that could make America a digital asset superpower

Washington’s formal embrace of cryptocurrency began earlier this year when Trump established the President’s Council of Advisers on Digital Assets, with Bo Hines as the executive director. 

Hines told a digital asset summit in New York last month that a comprehensive stablecoin bill was a top priority for the current administration. After the Senate Banking Committee passed the GENIUS Act, a final stablecoin bill could arrive at the president’s desk “in the next two months,” said Hines.

Fed's Powell reasserts support for stablecoin legislation

Bo Hines (right) speaks of “imminent” stablecoin legislation at the Digital Asset Summit on March 18. Source: Cointelegraph

Stablecoins pegged to the US dollar are by far the most popular tokens used for remittances and cryptocurrency trading.

The combined value of all stablecoins is currently $227 billion, according to RWA.xyz. The dollar-pegged USDC (USDC) and USDt (USDT) account for more than 88% of the total market. 

Magazine: Unstablecoins: Depegging, bank runs and other risks loom

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