According to FT, four Labour MPs in the UK are pushing for an amendment to the Representation of the People Act, aiming to make the current temporary ban on crypto political donations permanent and further tighten the rules on political donations in the UK. The proposed measures also include reviewing startup funding for new political parties, lowering the campaign spending cap by 15%, and strengthening 'know your donor' checks to include due diligence on foreign influence risks. This proposal comes amid controversy surrounding Reform UK, which accepted £15 million from Thai crypto billionaire Christopher Harborne and £4 million in cash donations from crypto investor Ben Delo. The UK government stated it will consider the proposed amendments ahead of the parliamentary review next Tuesday. https://www.(wublock123.com)/news/labour-mp-proposes-permanent-ban-on-crypto-political-donations-64342