UK Bans Crypto Donations Amid Foreign Interference Concerns

On March 25, 2026 the UK government announced a ban on cryptocurrency donations to political parties following the Rycroft Review, citing risks of untraceable foreign interference; donations from British citizens living abroad are capped at £100,000 annually and the ban applies retrospectively. The measures aim to curb influence from hostile states (e.g., Russia, China, Iran), particularly affect Reform UK (the main party accepting crypto donations), require parties to return unlawful donations within 30 days, and were driven by concerns including the jailing of a former Reform UK leader for accepting foreign-linked bribes.