A group of UK lawmakers is pushing for a permanent ban on crypto political donations following recent controversy surrounding Nigel Farage.
Members of Parliament from the Labour Party, led by Liam Byrne, are currently gathering support for proposed amendments to the Representation of the People Bill, a key piece of legislation on voting and political finance rules. The revisions would permanently prohibit political parties and candidates from accepting donations in crypto assets, according to the bill's description on the UK Parliament website.
"We simply cannot afford to let our crumbling defences be undermined any further. I would urge any parliamentarian who genuinely cares about the integrity of UK democracy to back these amendments," Byrne said, according to The Guardian. The amendments had reportedly gathered at least 20 signatures by midday Thursday.
The lawmaker further noted that the purpose of the new clause is to "reduce the risks of anonymous and impermissible donations." The bill is set for its report stage at the House of Commons next Tuesday.
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