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UK Bans Crypto Donations, Requires Residency; Farage Investigated

7/6/2026

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Story summary
  • Britain’s new rules ban crypto-funded donations and require a year of UK residency before anyone can give £100,000.
  • Housing Minister Steve Reed said the overseas political donation regulations announced on 6 July 2026 protect election integrity and counter interference from Russia, China and Iran.
  • Nigel Farage was referred to the parliamentary standards watchdog after a report he failed to declare a £5 million donation from a Thailand-based cryptocurrency billionaire.