Crypto UK, a digital asset advocacy group, calls UK Labour Party's call to ban cryptocurrency political donations an 'attack'

2025-07-19 02:27

According to Decrypt, Labour MP Pat McFadden stated that the UK should consider banning cryptocurrency political donations. Just two months ago, Reform UK announced that it would accept cryptocurrency donations, becoming the first political party in the UK to do so. Ian Taylor, the board advisor of Crypto UK, a digital asset advocacy organization, stated that Pat McFadden's remarks are "absolutely" a political move aimed at hindering the reform of the UK's growing reputation.

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