Political Parties: Finance
The question
To ask the Right hon. Member for Kenilworth and Southam, representing the Speaker's Committee on the Electoral Commission, whether the Electoral Commission has provided guidance on requirements for candidates for election to report cryptocurrency donations in their Representation of the People Act returns.
Answered by Sir Jeremy Wright
The Electoral Commission’s guidance states that candidates must report all monetary and non-monetary donations they accept or return as impermissible, including donations in crypto assets. The Commission will shortly publish updated guidance for parties and candidates on the reporting and valuation of donations in crypto assets.
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