Political Parties: Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, with reference to the Rycroft Review: Letter to parliamentary party representatives, of 25 March 2026, whether the cryptocurrency ban will apply to crypto donations that are off-ramped (a) by the donor or (b) by the receiving political party or regulated donee.
Answered by Samantha Dixon
The Government will introduce a moratorium on the acceptance of political donations made using cryptoassets to any regulated recipient, in order to safeguard the integrity of the UK’s political finance system.
This moratorium will apply to cryptoasset donations of any value, including those valued under existing donation thresholds in law of £500 (or £50 for candidates).
Further details on the operation of the moratorium will be set out in due course.
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