UK don ban crypto donations to political parties, dem add caps for foreign donations

UK don put emergency ban pon crypto donations go political parties to reduce risk say foreign interference fit affect elections. Prime Minister Keir Starmer talk say di move follow election safety review wey Philip Rycroft lead, say dem dey worry say crypto fit hide who dey donate and bad people fit use am. Di ban go apply to donations wey dem receive from today, and e still cover digital assets wey dem don already receive before. Dem talk say e fit be temporary till Parliament and the Electoral Commission make final clear talk. At di same time, UK don add interim cap of £100,000 for political donations from UK citizens wey dey abroad (wey dem dey on electoral register). Dis abroad cap go dey until regulators sure the rules give “full confidence and transparency,” and e still need parliament approval. Politically, di change sensitive for Reform UK/Nigel Farage, wit reports sey dem receive crypto donations before and report say big contribution come from crypto investor Christopher Harborne. For traders, na mainly UK compliance news. E no likely to directly move main token prices, but e dey reaffirm broader policy trend wey dey tighten control around crypto-linked political finance and privacy-adjacent rails.