UK Lawmakers Call for Full Ban on Crypto Political Donations

Published at 2026-01-12 01:45:08

On 11 January 2026, chairs of UK parliamentary committees publicly called for a complete prohibition on cryptocurrency donations to political parties, arguing that crypto can be used to obscure donor identity and enable foreign interference. The statement frames the ban as necessary to close a gap in existing campaign finance laws and to protect public trust in electoral processes.

The recommendation raises the likelihood of regulatory action from ministers and the Electoral Commission and could force parties and exchanges to change donation practices and compliance systems. For stakeholders in crypto and political finance, the move signals a tougher stance from UK authorities and adds to global scrutiny of how digital assets intersect with democratic governance. Observers expect consultations or draft legislation to follow in the coming months.

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