Crypto
UK lawmakers call for ban on crypto political donations amid foreign interference concerns
British Labour lawmakers urged Prime Minister Keir Starmer to prohibit political donations made in cryptocurrencies, citing concerns about foreign interference. In an open letter signed by seven members of parliament, including Liam Byrne, Emily Thornberry and Matt Western, they warned crypto donations undermine political transparency because they are difficult to trace. They asked that a ban be included in the government’s proposed election law amendments and cited a 2022 U.S. State Department information report alleging Russia used crypto to interfere in elections worldwide.