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Crypto Moratorium is the Right Starting Point for Political Finance Reform
The UK must rethink how political finance rules address increasingly complex foreign financial interference threats.
The UK government’s decision to implement a moratorium on donations made in cryptocurrencies following the recommendations of the Rycroft Review has prompted debate between those who think such a measure is heavy-handed, and those who argue it does not go far enough.
On one level, the question appears straightforward: should political parties be permitted to accept donations in crypto? In practice, however, this debate reflects a deeper issue. Crypto exposes structural weaknesses in a regime that remains focused on donations at the point of receipt, rather than the increasingly complex and transnational pathways through which political influence is now funded and exercised.
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Original article link: https://www.rusi.org/explore-our-research/publications/commentary/crypto-moratorium-right-starting-point-political-finance-reform
