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UK Labour Party MPs Plan to Push for Permanent Ban on Cryptocurrency Political Donations

Source: www.theblock.co Event types: Regulation/Compliance
According to The Block, UK Labour Party MPs are pushing for an amendment to the Representation of the People Act, proposing to permanently ban political parties and candidates from accepting crypto asset donations. The proposal is led by Liam Byrne, who stated that this move aims to reduce the risks of anonymous and non-compliant donations and safeguard the integrity of the UK democratic system.

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