UK Experts Urge Ban on Cryptocurrency Donations Amid Foreign Interference Fears

A growing number of experts and senior politicians are urging the UK government to ban political donations made using cryptocurrency.

The proposal comes as concerns over foreign interference in British elections continue to rise. Former Labour minister Rushanara Ali is leading the call for a ban, citing the anonymity offered by cryptocurrencies as a major concern.

Cryptocurrency allows users to make transactions without revealing their identity, making it difficult for regulators to track the source of funds. This has raised fears that foreign groups could use it to circumvent British rules against accepting donations from abroad.