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Reform UK leader Nigel Farage has
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officially invested over 200,000 pounds
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into a Bitcoin treasury business led by
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none other than former Chancellor Kwasi
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Kwarteng. As a recent conference, Farage
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vowed to protect crypto traders from
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being debanked and positioned Reform UK
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as the most crypto-friendly party in
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Britain, even suggesting that the UK
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should hold its own Bitcoin reserve.
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Some fear that politicians buying shares
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in publicly traded companies sets a
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dangerous precedent and could expose
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them to allegations of shaping
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government policy to suit their own
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financial interests. But in an interview
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with City A.M., Kwarteng defended the
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move. "20 or 30 years ago," he said,
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"people used to invest all the time.
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They were just seen as individuals who
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just happened to be MPs. I get the
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scrutiny, but I think just because it's
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unusual, it doesn't mean it's in any way
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wrong or bad," Kwarteng said. But what
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do you think? Should politicians be able
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to invest in companies like this or is
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it a conflict of interest? Let us know
