[Two UK Crypto Billionaires' Donations to Reform UK Spark Labour Party Legislative Countermeasure] According to Bloomberg, the UK Labour government is advancing legislation to restrict large political donations from overseas billionaires. This comes after two crypto industry billionaires, Christopher Harborne and BitMEX co-founder Ben Delo, donated a combined £72 million to Nigel Farage's Reform UK party within two days—an amount far exceeding the total fundraising of both the Labour and Conservative parties this year. Deputy Prime Minister and Housing Secretary Angela Rayner stated that the new bill proposes setting an annual donation cap of £100,000 for British citizens residing overseas, applying the same limit to recent returnees to the UK, and retroactively addressing past donations. Non-compliant funds would need to be returned within 60 days. Reform UK stated that the donations in question are currently fully legal and that the donors have not requested any conditions in return.