Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Sir Philip Hammond faces charges of breaking lobbying rules
TRADING NEWS

Sir Philip Hammond faces charges of breaking lobbying rules

By Crypto FlexsFebruary 10, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Sir Philip Hammond faces charges of breaking lobbying rules
Share
Facebook Twitter LinkedIn Pinterest Email

Former British Prime Minister Under Investigation

Lord Philip Hammond, Britain’s finance minister and prominent cryptocurrency advocate, is facing allegations that he breached lobbying rules for former ministers.

Communication with Crypto Firm CEO

In March 2021, Hammond reportedly acted as an intermediary between then-Treasury Economic Affairs Minister John Glen, Treasury officials, and Dmitry Tokarev, CEO of cryptocurrency company Copper. Documents obtained through a Freedom of Information Act request show that Hammond facilitated communication between the parties.

Interaction being investigated

As reported by the Financial Times, Hammond relayed Copper’s concerns about regulatory changes for cryptocurrency companies to Treasury officials. These interactions occurred before Hammond officially joined Copper as a senior advisor in August 2021.

denial and defense

Hammond denied any wrongdoing, saying he did not consider his actions lobbying. He made it clear that he had not asked Glen to facilitate a meeting between the Treasury and Copper and that he judged it inappropriate. The Treasury also defended its position, claiming that meetings with cryptocurrency companies are routine to better understand the sector and inform policy developments.

Previous Cryptocurrency Regulation Advocate

In June 2022, Hammond publicly expressed concerns about the UK lagging behind the European Union in cryptocurrency regulation. Despite the country’s past agility in embracing new technologies, Hammond attributed the lack of progress in cryptocurrency regulation to capacity constraints.

ongoing investigation

The charges against Hammond highlight the complexity of interactions between former government officials and private sector companies, especially in emerging sectors such as cryptocurrency. As the investigation continues, scrutiny of lobbying activities and compliance increases.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Why experts say that 99%of the traders are wrong

September 4, 2025
Add A Comment

Comments are closed.

Recent Posts

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025
Most Popular

Usdx.money has secured $45 million in new funding at a $275 million valuation.

December 2, 2024

Janet Yellen, who took the photo, shows the ‘Buy Bitcoin’ sign selling it for $1 million

April 25, 2024

Analysts Say Bitcoin’s Bullish Trajectory Should Resume After Halving

April 18, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.