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Labour MPs Push for Ban on Crypto Political Donations

1/11/2026

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Summary

Story summary

Seven senior Labour MPs urged Downing Street to ban cryptocurrency political donations to curb foreign influence.
Government sources say a ban is under consideration but it may not be ready for the elections bill.
The proposal could impact Nigel Farage (Reform UK), as his party has begun accepting crypto donations.
Susan Hawley of Spotlight on Corruption welcomed the potential ban but urged stronger measures against foreign money.

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Story summary

Seven senior Labour MPs urged Downing Street to ban cryptocurrency political donations to curb foreign influence.
Government sources say a ban is under consideration but it may not be ready for the elections bill.
The proposal could impact Nigel Farage (Reform UK), as his party has begun accepting crypto donations.
Susan Hawley of Spotlight on Corruption welcomed the potential ban but urged stronger measures against foreign money.