Source: SFGate
“British political parties will be banned from accepting donations in cryptocurrencies, Prime Minister Keir Starmer announced Wednesday, saying illicit finance poses a ‘stark’ danger to the country’s democracy. Starmer told lawmakers that ‘we will act decisively to protect our democracy’ from outside meddling. ‘That will include a moratorium on all political donations made through cryptocurrencies,’ he said during the weekly Prime Minister’s Questions session in the House of Commons. The move could be a financial blow to the hard-right party Reform UK. The party led by Nigel Farage is one of the few in Britain to accept cryptocurrency donations. The government also said it will put an annual cap of 100,000 pounds ($134,000) on donations by British voters living abroad. Reform has received 12 million pounds in the past year from Christopher Harborne, a British businessman based in Thailand, according to Electoral Commission figures.” (03/25/26)