**UK Ex-Minister Joins Bitcoin VC Firm with Conditions**

John Baker, former UK Minister of State, has been cleared to join Axiom Venture Capital as a part-time adviser. Axiom, focused on Bitcoin investments, plans to raise $75 million for its second fund. The UK Advisory Committee on Business Appointments approved Baker's role, stressing adherence to ethical standards and the "7 Principles of Public Life." To prevent conflicts of interest, Baker must avoid leveraging government secrets or lobbying for Axiom for two years. This move highlights the cautious approach towards former ministers entering the crypto sector.