Former Marks and Spencer boss Lord Stone of Blackheath has been suspended from the House of Lords for six months for verbally abusing parliamentary staff, displaying a pattern of rude and aggressive behavior. Despite undergoing behavior change coaching, he continued to be disrespectful, calling security guards “stupid” and “thick and stupid” after being asked to move his suitcase from the Underground station entrance. The lengthy suspension was deemed necessary as Lord Stone was seen as a continuing risk to those on the parliamentary estate.
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Brussels set to disregard ECB warnings over stablecoin rules
Brussels to Regulate Stablecoins Amid ECB ConcernsBrussels plans to announce new regulations for stablecoins, despite the ECB's warnings about potential risks to financial stability during market volatility. The European Commission aims to clarify the legal status of non-EU stablecoins, which may be treated similarly to EU-issued tokens, while addressing concerns over reserve management and cross-border risks. Explain It To Me Like I'm 5: Brussels is getting ready to set new rules for stablecoins, a type...
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