Farage’s Reform UK Faces Potential Curbs as UK Mulls Political Crypto Donation Ban

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Authorities in the United Kingdom are reviewing a possible prohibition on cryptocurrency donations to political groups. This scrutiny directly targets Reform UK’s strategy under Nigel Farage, which has actively promoted digital assets to foster a crypto revolution.

The ban is reportedly one option being debated as part of a new Elections Bill designed to bolster electoral integrity. Although a previous policy document did not include such a measure, it has now entered closed-door discussions.

When questioned, a government spokesperson did not refute that the proposal is being examined, confirming that specifics will be provided within the forthcoming legislation. This leaves the door open for a significant regulatory change.

Reform UK pioneered this space by becoming the first political party to solicit crypto donations nationally. At a major US event, Farage declared the party open to contributions in Bitcoin and other cryptocurrencies, a policy followed by the launch of a dedicated digital donation platform.