{"id":472837,"date":"2026-01-12T10:04:44","date_gmt":"2026-01-12T10:04:44","guid":{"rendered":"https:\/\/cryptonews.com\/?post_type=web-story&#038;p=472837\/"},"modified":"2026-01-12T10:04:46","modified_gmt":"2026-01-12T10:04:46","slug":"uk-backbenchers-committee-calls-for-outright-ban-on-crypto-political-donations","status":"publish","type":"web-story","link":"https:\/\/cryptonews.com\/web-stories\/uk-backbenchers-committee-calls-for-outright-ban-on-crypto-political-donations\/","title":{"rendered":"UK Backbenchers Committee Calls for Outright Ban on Crypto Political Donations"},"content":{"rendered":"<p><\/p><meta charset=\"utf-8\"><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link 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(prefers-reduced-motion: no-preference) {\n                .animation-wrapper {\n                  opacity: var(--initial-opacity);\n                  transform: var(--initial-transform);\n                }\n              }\n<p>              amp-story-grid-layer.align-bottom {\n                align-content: end;\n                padding: 0;\n                \/*\n                  AMP CTA Layer will exactly occupy 74px regardless of any device.\n                  To space out captions 74px from the BOTTOM (AMP CTA Layer),\n                  74px from the TOP should also be spaced out and thus: 2 * 74px\n                  will be the desired max-height.\n                *\/\n                max-height: calc(100vh - (2 * 74px));\n              }\n<p>              .captions-area {\n                padding: 0 32px 0;\n              }\n<p>              amp-story-captions {\n                margin-bottom: 16px;\n                text-align: center;\n              }\n<p>              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id=\"8760f896-684a-4539-b84d-2fbdc8b0adee\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#211b2e\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c5b46a7a-41e4-4ea2-a112-bef1b387bfb9\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.70874%;width:105.09709%;height:118.77023%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8c6804dc-9e75-4fb3-a295-db64157411b0\">\n<div style=\"position:absolute;width:100%;height:100.00519%;left:0%;top:-0.00259%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg.png\" alt=\"1728037267-bg\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg.png 840w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-768x1302.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-604x1024.png 604w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-450x763.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-177x300.png 177w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-150x254.png 150w\" sizes=\"(min-width: 1024px) 47vh, 105vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:3.8835%;top:25.88997%;width:92.23301%;height:35.59871%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5263157894736842% 0.5263157894736842% 0.5263157894736842% 0.5263157894736842% \/ 0.9090909090909091% 0.9090909090909091% 0.9090909090909091% 0.9090909090909091%\" id=\"el-d74770f9-61f9-48fc-b8d8-f56364188004\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.6789473684210531% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.485437em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700;color: #fff\">UK Backbenchers Committee Calls for Outright Ban on Crypto Political Donations<\/span><br>\n<span style=\"color: #fff\"><br>\n<\/span><\/span><\/h2>\n<p><span class=\"replacer\"><\/span><\/p><\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0.24272%;top:75.88997%;width:100%;height:66.66667%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7eac0141-b620-4ef8-97fa-113ce97b460e\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big.png\" alt=\"1728037297-rec-element-big\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big.png 849w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-768x768.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-450x450.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-300x300.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-150x150.png 150w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-64x64.png 64w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:37.86408%;top:59.70874%;width:24.27184%;height:16.18123%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7a266af8-7ebc-4681-94f9-277f975529cc\">\n<div style=\"position:absolute;width:100.00002%;height:100%;left:-0.00001%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big.png\" alt=\"1728037297-rec-element-big\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big.png 849w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-768x768.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-450x450.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-300x300.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-150x150.png 150w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-64x64.png 64w\" sizes=\"(min-width: 1024px) 11vh, 24vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:42.23301%;top:6.14887%;width:15.53398%;height:10.35599%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0be59905-6549-474e-a670-13d3f9c8c034\">\n<div style=\"position:absolute;width:100.00003%;height:100%;left:-0.00002%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04103040\/1728037840-logo-mono.png\" alt=\"1728037840-logo-mono\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04103040\/1728037840-logo-mono.png 80w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04103040\/1728037840-logo-mono-64x64.png 64w\" sizes=\"(min-width: 1024px) 7vh, 16vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"4886d4d8-6b1a-464f-9b03-42d2b181067d\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ef409032-f31c-4088-a669-9ba962daecc6\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:61.65049%;width:33.25243%;height:47.57282%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-cdcd5452-882b-4d0a-baf6-55aa237b606b\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:48.86731%;width:82.52427%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 3.3333333333333335% 3.3333333333333335% 3.3333333333333335% 3.3333333333333335%\" id=\"el-4e79e04c-f232-464e-9cf6-f8b971f332d3\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>A committee of seven senior Labour MPs has urged the UK government to impose a total ban on crypto donations to political parties.<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:61.65049%;width:79.36893%;height:25.08091%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6116207951070336% 0.6116207951070336% 0.6116207951070336% 0.6116207951070336% \/ 1.2903225806451613% 1.2903225806451613% 1.2903225806451613% 1.2903225806451613%\" id=\"el-270f8a8f-e99a-4c72-a107-d621556a5615\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.42079510703363954% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>The committee wrote to Prime Minister Kier Starmer to use the upcoming elections bill to make &ldquo;explicit provision to disallow cryptocurrency donations to political parties and politicians.&rdquo; In the open letter, the backbenchers have raised several concerns that emerged during committee evidence sessions.<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:39.23948%;width:100.72816%;height:7.60518%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a5628dd6-bc4a-44f6-860a-fe99715a8bb0\">\n<div style=\"position:absolute;width:100%;height:103.87983%;left:0%;top:-1.93991%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085639\/1718182599-bg-2.png\" alt=\"bg-header\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085639\/1718182599-bg-2.png 680w\" sizes=\"(min-width: 1024px) 45vh, 101vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:89.32039%;top:39.15858%;width:10.92233%;height:7.28155%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0038de78-3d64-4cce-bb45-bde0422ddd37\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00002%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085921\/1718182761-arrow-blue.png\" alt=\"blue arrow\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085921\/1718182761-arrow-blue.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085921\/1718182761-arrow-blue-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085921\/1718182761-arrow-blue-64x64.png 64w\" sizes=\"(min-width: 1024px) 5vh, 11vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-4.36893%;top:-12.29773%;width:140.04854%;height:51.45631%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b9df56f3-f0e5-4296-a66f-400c384c3c00\">\n<div style=\"position:absolute;width:100%;height:101.76127%;left:0%;top:-0.88063%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12100414\/1768191719-image-1768185862274_optimized-1.jpg\" alt=\"1768191719-image-1768185862274_optimized\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12100414\/1768191719-image-1768185862274_optimized-1.jpg 1200w,https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12100414\/1768191719-image-1768185862274_optimized-1-1024x574.jpg 1024w,https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12100414\/1768191719-image-1768185862274_optimized-1-768x431.jpg 768w,https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12100414\/1768191719-image-1768185862274_optimized-1-450x252.jpg 450w,https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12100414\/1768191719-image-1768185862274_optimized-1-300x168.jpg 300w,https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12100414\/1768191719-image-1768185862274_optimized-1-150x84.jpg 150w\" sizes=\"(min-width: 1024px) 63vh, 140vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12042159\/1768191719-image-1768185862274_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/uk-backbenchers-committee-calls-for-outright-ban-on-crypto-political-donations\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"329a666f-492d-4013-ab99-1070edc52065\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d5f40cce-2aca-41d7-8178-5caac85379f9\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:71.19741%;width:82.52427%;height:12.62136%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.564102564102564% 2.564102564102564% 2.564102564102564% 2.564102564102564%\" id=\"el-0a5210a9-2172-4968-b648-ce285f1d2e32\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">The committee chairs include former minister Liam Byrne, Emily Thornberry, Tan Dhesi, Florence Eshalomi, Andy Slaughter, Chi Onwurah and Matt Western.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:49.67638%;width:82.52427%;height:18.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 1.7094017094017095% 1.7094017094017095% 1.7094017094017095% 1.7094017094017095%\" id=\"el-c131baf4-9a2b-4077-8820-bac387d599bd\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">According to The Observer, the red flags include foreign influence on elections through the use of crypto, application of technologies that fall outside UK regulations, and the influence of AI in further obscuring the source of funds.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:90.93851%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7539eccf-4943-425a-b087-4f38288aa21c\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png\" alt=\"logo-short-color\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-64x64.png 64w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:-2.42718%;width:100%;height:44.49838%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-92c7c6b1-9000-4c07-b34e-40b0c9c19883\">\n<div style=\"position:absolute;width:100.12136%;height:100%;left:-0.06068%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles.png\" alt=\"wall of rectagles\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles.png 840w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-768x512.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-300x200.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-150x100.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12042159\/1768191719-image-1768185862274_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/uk-backbenchers-committee-calls-for-outright-ban-on-crypto-political-donations\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"2f74b304-85eb-45b7-902e-28869a18147e\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-28e96ab1-f02c-49e8-b008-d7e2c6a4e913\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:54.69256%;width:78.8835%;height:34.46602%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6153846153846154% 0.6153846153846154% 0.6153846153846154% 0.6153846153846154% \/ 0.9389671361502347% 0.9389671361502347% 0.9389671361502347% 0.9389671361502347%\" id=\"el-777f762c-0a83-4578-92f8-dc311540f8d8\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.42338461538461575% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">Besides, the government intensified the ban after the political party Reform UK received its biggest crypto donation of &pound;9 million ($12 million).<\/span><\/span><\/p>\n<p><span style=\"color: #737373\">Further, former senior civil servant Philip Rycroft is reviewing foreign financial interference in UK politics, which includes a focus on crypto. However, it is not expected to conclude until March 2026, local reports noted.<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:32.8479%;width:82.52427%;height:18.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 1.7094017094017095% 1.7094017094017095% 1.7094017094017095% 1.7094017094017095%\" id=\"el-534fb289-4b43-4502-ad59-a02af5f80ef9\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">The British government&rsquo;s plans to outright ban the use of crypto in political contributions aren&rsquo;t new. The government said last month that more details about the plan would be released when the Elections Bill is published.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:15.21036%;width:82.52427%;height:14.40129%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.247191011235955% 2.247191011235955% 2.247191011235955% 2.247191011235955%\" id=\"el-ad558c06-8580-49ac-b2f4-c8d57ce04fc1\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.6070588235294123% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.388350em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Pressures Mount to Restrict Crypto Donations to UK Political Parties<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:2.589%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-10efb2c8-9bae-468e-8f9e-5b9c618537b1\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png\" alt=\"logo-short-color\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-64x64.png 64w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:95.95469%;width:73.30097%;height:13.75405%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-59113236-00ee-48a4-ae6d-253ee4de3122\">\n<div style=\"position:absolute;width:100%;height:159.59107%;left:0%;top:-29.79554%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph.png\" alt=\"big-ribbon-bottom\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph.png 610w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph-300x135.png 300w\" sizes=\"(min-width: 1024px) 33vh, 73vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:19.90291%;top:-9.70874%;width:80.09709%;height:18.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-958981ac-5820-4154-a63c-f707dfb83e11\">\n<div style=\"position:absolute;width:100%;height:151.75153%;left:0%;top:-25.87577%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph.png\" alt=\"big ribbon top\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph.png 710w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph-300x161.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph-150x81.png 150w\" sizes=\"(min-width: 1024px) 36vh, 80vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12042159\/1768191719-image-1768185862274_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/uk-backbenchers-committee-calls-for-outright-ban-on-crypto-political-donations\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"dc045240-acab-45ac-b6ff-8f2ab3e0c873\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#211b2e\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8dd8a134-48a2-4164-878e-df05199a0b0b\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:47.08738%;width:82.52427%;height:43.3657%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 0.7462686567164178% 0.7462686567164178% 0.7462686567164178% 0.7462686567164178%\" id=\"el-ca0079ba-d262-45eb-a13b-a421ca487187\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: rgba(255,255,255,0.54)\">&ldquo;Crypto can obscure the true source of funds, enable thousands of micro donations below disclosure thresholds, and expose UK politics to foreign interference,&rdquo; he said.<\/span><\/span><\/p>\n<p><span style=\"color: rgba(255,255,255,0.54)\">He added that the UK must not wait until a scandal erupts, making clear that the call is not against innovation.<\/span><\/p>\n<p><span style=\"color: rgba(255,255,255,0.54)\">&ldquo;If the elections bill doesn&rsquo;t ban cryptocurrency donations, I will move amendments to make sure it does, and I know scores of MPs will back it. Anonymous money has no place in British democracy.&rdquo;<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:24.11003%;width:82.52427%;height:18.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 1.7094017094017095% 1.7094017094017095% 1.7094017094017095% 1.7094017094017095%\" id=\"el-68e78484-4e12-46f3-ba33-705188fab974\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: rgba(255,255,255,0.54)\">Liam Byrne, who chairs the business and trade select committee, stressed that the Labour MPs&rsquo; committee is concerned that political finance &ldquo;must be transparent, traceable and enforceable,&rdquo; the Guardian reported Sunday.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.49515%;top:8.73786%;width:82.52427%;height:9.87055%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 3.278688524590164% 3.278688524590164% 3.278688524590164% 3.278688524590164%\" id=\"el-813343ab-1dc1-4c01-97a5-76dd5db310ca\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.6070588235294123% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.388350em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700;color: #fff\">&ldquo;Anonymous Money Has No Place in British Democracy&rdquo;<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:101.94175%;width:101.94175%;height:2.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-30849d60-67ed-4b15-b072-3d16edb73160\">\n<div style=\"position:absolute;width:100%;height:124.99985%;left:0%;top:-12.49992%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12103551\/1718188550-recs-small.png\" alt=\"rec-line-small\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12103551\/1718188550-recs-small.png 840w\" sizes=\"(min-width: 1024px) 46vh, 102vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:0;width:101.94175%;height:2.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-baee3275-ae91-4152-941e-3649548ba12f\">\n<div style=\"position:absolute;width:100%;height:124.99985%;left:0%;top:-12.49992%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12103551\/1718188550-recs-small.png\" alt=\"rec-line-small\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12103551\/1718188550-recs-small.png 840w\" sizes=\"(min-width: 1024px) 46vh, 102vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/12042159\/1768191719-image-1768185862274_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/uk-backbenchers-committee-calls-for-outright-ban-on-crypto-political-donations\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body>","protected":false},"excerpt":{"rendered":"<p>The UK government intensified the ban after the political party Reform UK received its biggest crypto donation of \u00a39 million ($12 million).<\/p>\n","protected":false},"author":422,"featured_media":472839,"template":"","meta":{"_acf_changed":false,"web_stories_publisher_logo":138953,"web_stories_poster":[],"web_stories_products":[],"footnotes":""},"web_story_category":[],"web_story_tag":[],"class_list":["post-472837","web-story","type-web-story","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK Backbenchers Committee Calls for Outright Ban on Crypto Political Donations - Cryptonews<\/title>\n<meta name=\"description\" content=\"The UK government intensified the ban after the political party Reform UK received its biggest crypto donation of \u00a39 million ($12 million).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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after the political party Reform UK received its biggest crypto donation of \u00a39 million ($12 million).<\/span>\n\n<span style=\"color: #737373\">Further, former senior civil servant Philip Rycroft is reviewing foreign financial interference in UK politics, which includes a focus on crypto. 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style=\"color: rgba(255,255,255,0.54)\">\u201cCrypto can obscure the true source of funds, enable thousands of micro donations below disclosure thresholds, and expose UK politics to foreign interference,\u201d he said.<\/span>\n\n<span style=\"color: rgba(255,255,255,0.54)\">He added that the UK must not wait until a scandal erupts, making clear that the call is not against innovation.<\/span>\n\n<span style=\"color: rgba(255,255,255,0.54)\">\u201cIf the elections bill doesn\u2019t ban cryptocurrency donations, I will move amendments to make sure it does, and I know scores of MPs will back it. 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