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UK Labour Party Proposes Temporary Ban on Political Crypto Donations
Svmuu News: The UK Labour Party has stated it will temporarily ban political parties from accepting cryptocurrency donations, a move that is part of the British government's series of measures to combat foreign interference in elections. A UK Cabinet Minister announced today an indefinite suspension on cryptocurrency political donations, a move widely seen as aimed at undermining the Reform Party's financial advantage. It is reported that Nigel Farage's Reform Party received a £9 million donation last year from British crypto tycoon Christopher Harborne, who resides in Thailand, setting a record for the largest single political donation from a living individual in the UK. (Dailymail)
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