Political pressure is building in the United Kingdom as regulators face calls to examine bitcoin promotion tied to public officials, while broader scrutiny of digital asset markets continues across jurisdictions.

Liberal Democrat deputy leader Daisy Cooper urged the Financial Conduct Authority to investigate Nigel Farage over his involvement with bitcoin treasury firm Stack BTC. The request follows a promotional video in which the company said Farage executed a £2 million bitcoin purchase on its behalf. 

The company described the purchase as a “landmark moment” in British politics, stating that Farage is the first sitting MP and the first UK political party leader to publicly…

Read more on BitcoinMagazine