BlockBeats News, February 25 — The UK National Security Council Chairman Matt Western has called for an urgent temporary ban on political donations in cryptocurrencies to prevent foreign interference in UK elections.
Matt Western stated that before addressing the risks of cryptocurrency donations—including thorough verification of the source of funds—such donations should be suspended. The council also called for a review of the sentencing for election-related offenses, emphasizing the need to strengthen deterrence.
Western has written to Cabinet Minister Steve Reed, responsible for election finance, urging immediate action — as the new election law previously did not include provisions restricting cryptocurrency donations.
Earlier this year, the Reform UK party became the first to accept digital currency donations, reportedly receiving its first registered crypto contributions and establishing a dedicated crypto portal. In his letter, Western expressed concern that, given the worsening global security environment, foreign interference in UK political finance may intensify before the next election.
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