Lawmakers Push for Crackdown, Citing Foreign Money Risks

[madmax]

A growing bloc of UK politicians is urging action.
Voices calling for restrictions include:

Former Cabinet Office Minister Pat McFadden

Business Committee Chair Liam Byrne

Anti-corruption group leader Phil Brickell

Their argument: crypto donations may obscure the true origin of funds, increasing the risk of foreign interference or illicit money entering the political system.

This debate comes just as the UK government is tightening rules around domestic crypto reporting and preparing broader financial transparency reforms.

[Nahid Hossen]

Foreign money concerns are driving a renewed push for stricter oversight.