BLOCKCHAIN PARTY
JUST before his resignation from (and then his return to) Reform UK last week, Zia Yusuf unveiled the “Crypto Assets and Digital Finance Bill” that his party would pass if it attained power. It will restore “the rights of every citizen to control their own money, free from arbitrary decisions made by unaccountable banks” and make it “illegal for a bank or payments provider to close your account just because you legally use crypto”. The “burden will be on the bank to prove its case, not on the consumer to beg for permission”. Bank now, ask questions later, in other words.