Political Parties: Finance
The question
To ask the Right hon. Member for Kenilworth and Southam, representing the Speaker's Committee on the Electoral Commission, pursuant to the Answer of 10 June 2025 to Question 56565 on Political Parties: Crypocurrencies, if he will publish the guidance on non-standard donations.
Answered by Sir Jeremy Wright
The Commission’s published guidance on donation permissibility, includes information on cryptocurrencies.
This guidance states that the controls which apply to donations of crypto assets are the same as the controls which apply to other types of donations. Donations must be from permissible sources and recipients must establish the value in pounds of donations at the time of receipt.
The Commission is currently reviewing this guidance so it can offer parties specific advice on handling donations of crypto assets, considering ongoing developments in the regulation of these assets.
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