UK ministers aim to ban cryptocurrency political donations over anonymity risks

Published 1 day ago
Source: theguardian.com
UK ministers aim to ban cryptocurrency political donations over anonymity risks

Crackdown, which will be blow to Nigel Farage’s Reform party, not likely to be ready for elections bill in new year

Ministers are working to ban political donations made with cryptocurrency but the crackdown is not likely to be ready for the elections bill in the new year, Whitehall sources have said.

The government increasingly believes that donations made with cryptocurrency pose a risk to the integrity of the electoral system, not least because the source can be hard to verify.

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Party fundingPoliticsCryptocurrenciesElectoral reformUK newsReform UKNigel Farage