Reform UK Donor Drops Pact Plans Amid Cryptocurrency Tensions

Crypto billionaire Christopher Harborne has announced that he is no longer interested in a potential election pact between Reform UK and the Conservative party. This decision comes after a significant donation to Reform, which has raised eyebrows over its potential influence on the party's policies.

The £3m donation was revealed last week, adding to the £9m given in August, making Harborne one of the largest donors to Reform UK. The party has seen a significant surge in fundraising efforts, with £5.5m raised in the last quarter of 2022, surpassing other major parties.

Reform's popularity has been on the rise, but its recent drop from 29% to 23% in the polls may have contributed to Harborne's change of heart. The billionaire's interests in cryptocurrency regulation and adoption could be a factor in his decision, given Reform's stance on these issues.