UK lawmakers urge total ban on crypto donations to political parties
The chairs of seven parliamentary committees submitted a letter on Sunday, January 11, requesting that the UK government consider banning crypto donations to political parties completely in the country.
Following this request, a local news outlet noted that this move deepens discussions that have been ongoing for several months regarding cryptocurrencies in British elections.
UK committee chairs call for a move against crypto donations to political parties in the country
Regarding the UK committee chairs’ recent move, a report noted that the submitted letter mentioned that crypto donations negatively impact political funding as they pose a threat to transparency, traceability, and enforcement in political funding. Notably,…
