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flag UK MPs urge temporary ban on crypto donations to prevent foreign interference, calling for stricter rules and faster conversion to pounds.

flag UK MPs are calling for a temporary ban on cryptocurrency donations to political parties, citing risks of foreign interference due to anonymity and lack of transparency. flag The Joint Committee on the National Security Strategy urges a moratorium until clear rules are set, requiring donations to be converted to pounds within 48 hours and verified. flag Reform UK is the only party accepting such donations, prompting concerns over illicit finance. flag The government's upcoming Representation of the People Bill aims to strengthen donation rules but does not yet ban crypto contributions. flag The committee recommends stricter penalties, enhanced donor scrutiny, and a dedicated police unit to combat threats to electoral integrity.

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