[UK Government Considers Banning Cryptocurrency for Political Donations] The UK government is discussing whether to ban the use of cryptocurrency for political donations to prevent foreign interference in the political donation system. The UK Reform Party has become the first British political party to accept cryptocurrency donations. Led by Farage, the party views cryptocurrency donations as part of its 'crypto revolution' pledge and has already received its first batch of crypto asset donations. Although the upcoming Electoral Act policy document does not mention such a ban, multiple informed sources have revealed that officials are exploring this possibility. Farage himself has long held crypto assets and has expressed support for the UK crypto industry.