The UK Liberal Democratic Party calls on the FCA to investigate Nigel Farage's conflict of interest involving Stack BTC

Deep Tide TechFlow News: On April 14, according to Cointelegraph, the UK Liberal Democrats have written to the Financial Conduct Authority (FCA), asking for an investigation into the relationship between Reform UK leader Nigel Farage and the Bitcoin company Stack BTC. The party is questioning whether Farage’s appearance in the company’s promotional videos—while holding shares in Stack BTC—violates market rules and creates a conflict of interest. Stack BTC has recently disclosed that it purchased 37 bitcoins as company reserves, worth approximately $2.7 million, and that Farage holds a 6.31% stake in Stack BTC through his media company. At the time of the incident, the UK government was moving forward with a proposal to ban cryptocurrency political donations to prevent external funding from influencing elections. The FCA said it will review the relevant correspondence and respond.