Cryptocurrency Donation to Reform UK
Cryptocurrency donations are raising concerns about transparency in political funding.
Reform UK has reportedly received its first cryptocurrency donation, according to The Observer.
- The value of the donation has not been declared.
- Donations over £11,180 must be notified to the Electoral Commission.
- Donations must be declared within 30 days of the end of the quarterly reporting period.
A Reform spokesman stated: "All donations above the reporting limit will be disclosed in the usual way.
There is no indication that Reform has broken any rules regarding declaring the donation.
Author's summary: Reform UK receives first crypto donation.