Cryptocurrency Donation to Reform UK
Reform UK has reportedly received its first cryptocurrency donation, sparking concerns over political funding transparency.
Cryptocurrency donations have raised fresh concerns about transparency in political funding. The Electoral Commission has been informed of the donation, but its value has not been declared.
- Parties must declare donations over £7,500 to the Electoral Commission.
- Donations must be declared within 30 days of the end of the quarterly reporting period.
A Reform spokesman said: "All donations above the reporting limit will be disclosed in the usual way."
No rules have been broken regarding the declaration of the donation.
Author's summary: Reform UK receives first crypto donation.