UK Considers Ban on Crypto Donations as Reform UK Tops Polls
Politico reports that the UK government is reportedly considering a ban on cryptocurrency donations to political parties at a moment when Reform UK has surged to the top of national polls. Officials and advisers are said to be concerned that crypto can obscure donor identity and make it easier for foreign or illicit funding to influence domestic politics, prompting calls for stricter controls. If pursued, the move would mark a notable tightening of election finance rules and could force parties, donors and exchanges to change how they handle political contributions. Lawmakers are expected to debate options such as outright prohibitions or tighter reporting and custody requirements. The development signals a broader trend of regulatory caution toward digital assets in sensitive public processes, and could set a precedent for other jurisdictions watching how the UK balances innovation with electoral integrity.