Key Notes

The UK government is considering a ban on crypto political donations.

Officials fear crypto could enable foreign interference and money laundering.

New rules will force traders to report personal details to exchanges from January.

The British government is considering a ban on cryptocurrency donations to political parties, a move that has placed an uncomfortable spotlight on Nigel Farage’s Reform UK.

Earlier in 2025, Reform became the first political party in Britain to formally accept digital-asset contributions. The policy was presented as part of its push for a “crypto revolution” in the United Kingdom.

According to Farage, the party has already received several crypto-based contributions following confirmation from the Electoral Commission that it had registered the f

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