UK Lawmakers Push to Ban Crypto Political Donations
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Seven senior UK lawmakers have urged Prime Minister Keir Starmer to ban the use of cryptocurrency for political donations, warning that digital assets could obscure foreign interference. The call came in a letter sent by Labour MPs who chair key parliamentary committees, according to reports by The Guardian and The Observer.
The lawmakers want the ban included in an elections bill expected later this month. They argue that political financing must be transparent and enforceable, and that crypto donations undermine those principles by making it harder to trace the true source of funds.
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crypto donations + politics feels like a mess waiting to happen