Story perspectives

UK Lawmakers Push to Ban Crypto Donations Amid Sanctions

1/14/2026

Summary

Story summary

The Financial Conduct Authority (FCA) will open a gateway in September 2026 for digital currency firms to apply for authorization, ahead of the 2027 regulatory regime.
Iranian security forces reportedly used two U.K. exchanges to transfer about $1 billion since 2023 to evade sanctions.
Seven lawmakers urged the Prime Minister to ban digital currency donations to political parties, while the government reviews the policy and has not confirmed an outright ban.

1 of 1

Story summary

The Financial Conduct Authority (FCA) will open a gateway in September 2026 for digital currency firms to apply for authorization, ahead of the 2027 regulatory regime.
Iranian security forces reportedly used two U.K. exchanges to transfer about $1 billion since 2023 to evade sanctions.
Seven lawmakers urged the Prime Minister to ban digital currency donations to political parties, while the government reviews the policy and has not confirmed an outright ban.