PANews reported on July 19 that, according to Decrypt, Labour Party MP Pat McFadden stated that the UK should consider banning cryptocurrency political donations. Just two months ago, Reform UK announced that it would accept cryptocurrency donations, becoming the first political party in the UK to do so. Ian Taylor, board advisor of digital asset advocacy organization Crypto UK, said that Pat McFadden's remarks were "absolutely" a political move aimed at hindering Reform UK's growing reputation.
Crypto UK calls UK Labour Party's call to ban cryptocurrency political donations an 'attack'
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