UK Bans All Cryptocurrency Donations to Political Parties – Crypto News Bitcoin News
New Caps on Abroad Contributions The UK has formally banned all cryptocurrency donations to political events. The federal government, led by Prime Minister Keir Starmer, said the transfer is designed to “forestall untraceable funds from being funneled into U.Ok. politics.” Beneath the brand new laws, British residents residing overseas may even face an annual cap of roughly $134,000 (£100,000) on political donations and controlled transactions resembling loans. In response to an official media...
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