In brief
- Former Labour minister Rushanara Ali has become the latest UK MP to call for an outright ban on political donations in cryptocurrency.
- Ali argued that crypto donations leave the UK open to “foreign interference in our democracy,” echoing the concerns of anti-corruption groups.
- To date, the only major party to accept crypto donations is Reform UK.
A former Labour minister has joined a growing chorus calling for the U.K. to ban political donations made in cryptocurrency.
Labour MP Rushanara Ali, who previously contributed to the government’s elections bill during her stint in the Ministry of Housing, Communities and Local Government, is quoted in a recent Guardian report as calling for an outright ban on crypto political…
