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Policy

Farage Reported to UK Standards Watchdog Over Alleged Crypto Lobbying for Tether Donor

Reform UK leader Nigel Farage has been formally reported to Parliament’s standards watchdog over allegations that he lobbied the Bank of England on cryptocurrency policy in a manner that coul

AnonymousCryptoCompass newsroom
July 5, 2026
1 min read
NEWS
Farage Reported to UK Standards Watchdog Over Alleged Crypto Lobbying for Tether Donor
CryptoCompass editorial visual for policy coverage.

Reform UK leader Nigel Farage has been formally reported to Parliament’s standards watchdog over allegations that he lobbied the Bank of England on cryptocurrency policy in a manner that could financially benefit his largest donor, a billionaire holding a 12% stake in stablecoin issuer Tether.

Labour MP Phil Brickell, who chairs the parliamentary group on anti-corruption and responsible tax, has asked Parliamentary Commissioner for Standards Daniel Greenberg to examine Farage’s dealings with the central bank. UK parliamentary rules prohibit MPs from approaching officials or ministers on behalf of individuals who pay them, for 12 months following such a payment.

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