A new report recommends banning political donations made in cryptocurrency and capping contributions from British nationals living abroad to prevent foreign interference. These proposed changes would specifically outlaw Reform UK’s record-breaking £9m donation from a British businessman based in Thailand. Keir Starmer announced a temporary ban on crypto donations in a blow to Reform. If enacted, the package would tighten rules governing political fundraising and aim to protect UK democracy from foreign influence, reflecting a shift towards stricter oversight of crypto donations.

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