UK Government Considers Cryptocurrency donation ban to avoid foreign influence

The UK government is contemplating a prohibition on cryptocurrency donations to prevent foreign influence in political funding. Discussions are in progress among officials, despite the absence of such a ban in the initial Electoral Bill.

The Reform Party, led by Nigel Farage, pioneered crypto donations in the UK, aligning with its vision for a crypto revolution. This move has resulted in a noticeable increase in their support in recent polls.

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