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$2.7M Bitcoin Buy: Politician-Backed Stack BTC Expands Treasury

Reform UK leader Nigel Farage has become the first sitting British MP and party leader to publicly endorse Bitcoin. Stack BTC, a company chaired by former UK Chancellor Kwasi Kwarteng, purchased 37 Bitcoin for approximately $2.7 million, bringing its total holdings to 68.19 BTC. The firm allows UK investors to gain crypto exposure through public markets. Farage holds a 6.31% stake in the company. This move comes amid scrutiny over Reform UK receiving around $18 million in crypto-linked donations last year, prompting proposed government bans on such contributions. Farage’s investment marks a significant moment for Bitcoin in UK politics.

bitcoinist04/14 11:02

$2.7M Bitcoin Buy: Politician-Backed Stack BTC Expands Treasury

bitcoinist04/14 11:02

PM Keir Starmer Declares Total Ban On Crypto Donations To UK Political Parties

UK Prime Minister Keir Starmer has announced a total ban on cryptocurrency donations to political parties and a new annual cap of £100,000 for donations from British citizens living abroad. These measures, effective immediately, follow an independent review that warned of "real, persistent and sustained" threats of foreign financial influence in UK politics. The government aims to close avenues for illicit or foreign funds to enter domestic campaigns, with officials describing the crypto ban as vital to shutting down a clear route for such money. The new rules are expected to significantly impact parties like Reform UK, which had previously accepted Bitcoin donations and relied heavily on overseas funding. The broader recommendations from the review also include creating a dedicated police center to investigate allegations of foreign financial interference and considering tougher criminal sentences.

bitcoinist03/26 09:32

PM Keir Starmer Declares Total Ban On Crypto Donations To UK Political Parties

bitcoinist03/26 09:32

Crypto donations face UK crackdown as report warns of ‘unacceptable risk’

A UK parliamentary report warns that cryptocurrency donations pose an "unacceptable risk" to political finance integrity, potentially leading to tighter restrictions or an outright ban. The report highlights that cryptoassets, treated as property rather than legal tender, operate in a regulatory grey area. Key concerns include the ability to obscure fund origins through mixers, privacy tokens, chain-hopping, and AI-assisted micro-transactions evading detection thresholds. Foreign or illicit funds could enter the political system undetected via crypto’s cross-border capabilities, creating a "last mile" problem where funds appear legitimate once converted to fiat. The report recommends a moratorium on crypto donations until stronger safeguards—such as clearer compliance frameworks, enhanced due diligence, and improved tracing—are established. This signals a broader regulatory shift toward greater scrutiny and control of crypto in political financing.

ambcrypto03/18 17:12

Crypto donations face UK crackdown as report warns of ‘unacceptable risk’

ambcrypto03/18 17:12

Crypto Donations Branded ‘Dangerous’? UK Security Panel Urges Immediate Ban

A UK National Security Panel has called for an immediate ban on political donations made with cryptocurrency, labeling them an "unnecessary and unacceptably high risk" to the integrity of the political finance system. The cross-party committee warns that crypto donations create a "gaping hole" in national security defenses, making it difficult to verify donors due to pseudonymous wallets, mixers, and foreign payment processors. The report urges stricter donor-identity checks, wealth-source verification, and a single-agency lead for enforcement to prevent foreign interference and illicit finance. Proposed rules would require donations to go through FCA-registered platforms, prohibit mixed coins, and mandate conversion to pounds within 48 hours. This is framed as a national security measure, not a blanket attack on crypto.

bitcoinist03/18 13:33

Crypto Donations Branded ‘Dangerous’? UK Security Panel Urges Immediate Ban

bitcoinist03/18 13:33

Crypto Donations Under Spotlight in the UK

Crypto donations are under scrutiny in the UK, with a cross-party committee proposing a ban to protect the integrity of the political system. Reform UK is the only party reported to have received such donations. The proposed measures include requiring donors to have UK assets registered for 12 months and creating a police unit to oversee political finance. Committee Chair Matt Western warned that foreign financial influence is "corrosive." A temporary ban could particularly impact Reform UK, which has faced criticism for not sharing crypto wallet addresses, hindering transparency. The situation highlights concerns about unregulated currencies in political funding.

TheNewsCrypto03/18 08:55

Crypto Donations Under Spotlight in the UK

TheNewsCrypto03/18 08:55

UK Reform Party Races Ahead Through Crypto Donations

The UK Reform Party, led by Nigel Farage, has become the first British political party to accept cryptocurrency donations, receiving a significant £3 million in crypto from British-Thai businessman Christopher Harborne in Q4 2025. This brought the party's total donations to £5.5 million, surpassing both the Conservative and Labour parties. While Farage promotes this move to position the UK as a global crypto hub, parliament members have raised concerns about potential foreign interference and the volatility of digital assets, citing past bribery convictions linked to the party. Some are calling for a ban on such donations. Chancellor Rachel Reeves has committed to regulating crypto like traditional finance. Harborne, a repeat donor, had previously given £9 million in August 2025. The Reform Party remains the only UK party accepting crypto, and Farage has pledged to pass pro-crypto legislation if elected.

TheNewsCrypto03/05 10:43

UK Reform Party Races Ahead Through Crypto Donations

TheNewsCrypto03/05 10:43

Is Crypto Funding A Risk To UK Politics? Lawmaker Seeks Temporary Ban

A senior UK security official, Matt Western, is calling for a temporary ban on cryptocurrency donations to political parties, warning that foreign governments could exploit the anonymity of digital assets to interfere in British politics. Western, who chairs the Joint Committee on National Security Strategy, highlighted that oversight of political funding is fragmented across six agencies, leaving the UK vulnerable. He proposed creating a dedicated police unit to address this structural weakness. The temporary freeze would remain until official guidance is issued. If allowed in the future, crypto donations would face strict rules, including using only FCA-registered platforms, banning mixed funds, and converting crypto to fiat within 48 hours. He also advocated for stronger donor checks and harsher penalties for breaking finance laws.

bitcoinist02/27 02:02

Is Crypto Funding A Risk To UK Politics? Lawmaker Seeks Temporary Ban

bitcoinist02/27 02:02

Missouri enters in Bitcoin race after 2025 failure: What’s different this time?

Missouri lawmakers are revisiting the idea of incorporating Bitcoin into the state's financial reserves with House Bill 2080, learning from a previous proposal that failed in 2025. A key difference in the new bill is its funding approach, which relies on donations, grants, and gifts from the public instead of solely taxpayer money, addressing concerns about financial risk. The bill also includes a strict five-year holding rule for any acquired Bitcoin to prevent reactionary sales during short-term market volatility. This move places Missouri among a growing number of states, such as Texas and South Dakota, that are independently advancing crypto reserve strategies amid federal delays.

ambcrypto02/23 17:01

Missouri enters in Bitcoin race after 2025 failure: What’s different this time?

ambcrypto02/23 17:01

Trump's Midterm Election Donors Exposed: From Crypto.com to OpenAI, Crypto and AI Giants Generously Contribute

Donald Trump's midterm election fundraising has reached $429 million, with his super PAC holding $304 million—tens of millions more than Democratic opponents. Significant contributions came from the crypto and AI sectors, including $5 million from Elon Musk, $25 million from OpenAI co-founder Greg Brockman and his wife, and $16 million from SIG co-founder Jeff Yass. Crypto.com donated $30 million, while Blockchain.com and a16z founders Ben Horowitz and Marc Andreessen each contributed. Major donations also poured in from energy, healthcare, and finance industries, such as $10 million from Extremity Care, $12.5 million from energy entrepreneur Kelcy Warren, and $1 million each from figures like NFL Dallas Cowboys owner Jerry Jones and Chevron board member John Hess.

marsbit02/04 05:52

Trump's Midterm Election Donors Exposed: From Crypto.com to OpenAI, Crypto and AI Giants Generously Contribute

marsbit02/04 05:52

UK Lawmakers Push to Ban Crypto Donations Over Transparency and Foreign Influence Risks

A group of seven senior UK Labour MPs is urging Prime Minister to ban cryptocurrency donations to political parties, citing three major risks: a lack of transparency that hides donor identities, the potential for foreign interference, and the ability to bypass donation limits by splitting payments. Although the government acknowledges these dangers, it considers an immediate ban too complex to implement and may not include it in the upcoming election bill. The issue gained urgency after Reform UK became the first party to accept crypto donations, including a large fiat donation from a crypto investor, raising concerns about crypto wealth influencing politics. The push for a ban is growing to protect trust in elections and uphold financial rules.

TheNewsCrypto01/12 15:30

UK Lawmakers Push to Ban Crypto Donations Over Transparency and Foreign Influence Risks