Farage's £72 Million Crypto Windfall Triggers A Labour Bill
The Representation of the People Bill would close the gap in British election law that lets parties bank cryptocurrency gifts unchecked.
- Reform UK banked close to £72 million in donations paid through cryptocurrency, per multiple reports.
- British election law sets no specific disclosure rules for donations made in cryptocurrency.
- Labour is advancing the bill through Parliament specifically to blunt Reform's crypto fundraising edge.
Why it matters: A governing party writing the donation rules for its fastest-growing rival is regulating a competitor.
UK Parliament — Representation of the People Bill ↗ · Sep 13, 20269/13/26