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- UK Liberal Democrats have asked the FCA to investigate Nigel Farage’s promotion of Stack BTC while he holds a financial stake in the company.
- The call came just after Stack BTC disclosed a $2.7 million bitcoin purchase as part of its treasury strategy.
Nigel Farage’s ties to bitcoin treasury company Stack BTC are coming under sharper scrutiny in the UK, with the Liberal Democrats now asking the Financial Conduct Authority to examine whether his public promotion of the business crossed a regulatory line.
The request came in a letter from Liberal Democrat deputy leader Daisy Cooper, who asked the FCA to investigate whether Farage may have breached market rules by appearing in a promotional video for Stack BTC while also holding a financial interest in the company.
Farage’s role in Stack BTC is now drawing regulatory attention
Cooper’s argument is fairly direct. In the letter, she said the FCA should examine whether Farage’s efforts to “cash in on Crypto” could amount to market abuse or create a conflict of interest. She also warned against allowing political leaders to treat financial markets like a vehicle for personal gain.
That language was not subtle, and it reflects how quickly crypto, politics, and market conduct can collide once elected or high-profile political figures become attached to listed digital asset plays.
The timing is what sharpened the issue. Stack BTC said Monday that it had bought 37 BTC for roughly $2.7 million as part of its treasury strategy. In a video linked to that purchase, Farage said that a Bitcoin treasury company cannot exist without holding Bitcoin.
The political context is becoming harder to ignore
That alone might have been treated as aggressive corporate messaging in another setting. But Farage is not just a commentator or a paid promoter. He is one of Britain’s most visible political figures, and that changes how the market is likely to read his involvement.
The episode also lands as scrutiny around crypto donations and political conflicts continues to build in the UK. That gives the FCA request a wider significance than one video or one company announcement.
For Stack BTC, the latest bitcoin purchase was meant to reinforce its treasury strategy. Instead, it has pulled the company deeper into a debate about whether political influence, personal financial exposure and crypto promotion are starting to overlap too comfortably in public.
