The post UK Crypto Donation Ban Spurs Political Reforms appeared on BitcoinEthereumNews.com.
When Nigel Farage resigned as MP for Clacton, he may have thought the storm would pass. Instead, it accelerated. The UK crypto donation ban debate — long a niche regulatory question — has exploded into the center of British politics, forcing Labour MPs to propose measures that could permanently reshape how digital assets intersect with democratic funding. Key takeaways Labour MPs are pushing to make the March moratorium on crypto political donations permanent through amendments to the representation of the people bill. Farage resigned as MP after revelations including a $6.7 million gift from crypto billionaire Christopher Harborne and support from George Cottrell, a convicted fraudster. The UK parliamentary standards commissioner is already investigating Farage’s donations. Labour MP Liam Byrne warned that $268 million has flowed into building a populist media-political complex in Britain. And
The CFTC's understaffing could hinder effective crypto regulation, risking market ambiguity and stalling legislative progress on digital assets.
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The post UK Politicians Considering Permanent Crypto Donation Ban Amid Nigel Farage Scandal appeared on BitcoinEthereumNews.com.
Members of the UK’s ruling Labour party are considering a total ban on digital asset donations in response to Nigel Farage’s resignation from Parliament and the potential influence crypto billionaires had on his policies. The Guardian reported Thursday that Labour MPs are looking to overhaul existing rules on donations to political parties and candidates. Specifically, lawmakers have proposed that a moratorium on crypto donations enacted in March be made permanent after it was revealed that the Reform leader personally accepted millions of British pounds in what he called “gifts” from industry figures. “Amendments to the representation of the people bill which my colleagues and I have tabled are vital safeguards against the wider threat that’s seen [$268 million] come flooding in to build a whole media political complex behind populists in Britain,” said Liam
Alfa-Bank plans crypto custody services as Russia builds a regulated digital asset framework. The bank is testing crypto trading while developing blockchain investment products for users. Russian banks are preparing digital asset infrastructure ahead of upcoming regulations. Russia’s largest private bank, Alfa-Bank, is preparing to expand into regulated crypto services as Russia develops new digital […]
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The rise in suspicious trading before UK takeovers could undermine market trust, prompting stricter regulatory enforcement and impacting deal dynamics.
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The post Russia’s Alfa-Bank Plans Regulated Crypto Custody Services appeared on BitcoinEthereumNews.com.
Alfa-Bank plans a regulated crypto depository and blockchain-based investment products. Alfa-Bank has begun testing crypto trading for qualified investors through Alfa-Investments. Russia’s new crypto bill will determine whether Alfa-Bank launches retail services. Alfa-Bank is preparing to expand into cryptocurrency services as Russia moves to implement a new legal system for digital assets. The country’s largest private bank said its plans include creating a regulated digital depository, offering crypto-related services to clients, and developing investment products built on public blockchains. While the initiative acts as another move in Russia’s digital asset market, the bank said its rollout remains tied to the implementation of the country’s cryptocurrency legislation, with executives stating that key services are expected to become available only after the law takes effect.
Labour lawmakers proposed a full moratorium on crypto donations in March, which some have sought be made permanent after millions of dollars in contributions were linked to Reform leader Nigel Farage.
The post Kresus Launches Crypto Inheritance Service For Self-Custody Users appeared on BitcoinEthereumNews.com.
SAN FRANCISCO, CALIFORNIA – Kresus has introduced Kresus Inheritance, a new subscription service that allows self-custody wallet users to create a succession plan for their cryptocurrency holdings without sharing private keys or relying on traditional recovery methods. The feature addresses one of self-custody’s longstanding challenges: ensuring digital assets can be transferred to beneficiaries if the wallet owner dies or becomes permanently inactive. While self-custody gives users complete control over their assets, it has historically offered few built-in solutions for inheritance or estate planning. Existing approaches often require users to expose sensitive information or depend on costly legal processes. Written seed phrases can be discovered, shared private keys can be misused, and traditional estate planning may not provide a practical solution for managing digital as
A permanent UK crypto donation ban could reshape political fundraising, emphasizing transparency and potentially limiting foreign influence.
The post Labour MPs push to make UK crypto donation ban permanent appeared first on Crypto Briefing.