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UK Bans Crypto Donations, Tightens Political Funding Rules

Published 1 week, 2 days ago
Description

The UK government, under Prime Minister Keir Starmer, has implemented an immediate ban on cryptocurrency donations to political parties, citing concerns about foreign cash influencing British politics. This move, part of a government review led by Philip Rycroft, also includes a cap on overseas gifts from British expats. The changes are set to be enshrined in law, marking a shift towards tighter controls on political funding.

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