The UK government is exploring a ban on cryptocurrency donations for political campaigns to address potential foreign interference in the funding system. This proposal follows Reform UK, the first party in the UK to accept crypto donations, which has gained attention and support from the UK public and crypto industry. Led by Nigel Farage, Reform UK’s acceptance of crypto donations aligns with their ‘crypto revolution’ vision, although it also raises concerns about potential foreign influence on the political landscape. While initial drafts of the upcoming Elections Bill did not specifically mention a ban, three sources close to the situation have revealed that officials are actively discussing the complete prohibition of cryptocurrency funding for UK politicians. This move reflects a growing concern regarding the potential use of cryptocurrencies in influencing political processes.