Techub News reports that, according to The Block, the chairs of seven specialized committees of the UK Parliament sent a letter to the UK government on Sunday, urging a comprehensive ban on cryptocurrency donations to political parties. The letter, co-signed by Liam Byrne, Chair of the Business and Trade Select Committee, and six other colleagues, pointed out that cryptocurrency donations undermine transparency, traceability, and enforcement in political funding.
Since July 2025, the Labour government has been considering banning cryptocurrency political donations. Reform UK became the first party in the UK to accept cryptocurrency donations in May 2025. Any ban would directly impact them, although the £9 million donation they received from cryptocurrency investor Christopher Harborne was made in fiat currency.
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