UK Labour MPs Rebel Over Funding Reforms, Seek Crypto Ban
The post UK Labour MPs Rebel Over Funding Reforms, Seek Crypto Ban appeared on BitcoinEthereumNews.com. Labour MPs seek a permanent crypto donation ban to replace the temporary moratorium. Proposed reforms would cut campaign spending limits from £34 million to £24.4 million. Farage’s £5 million private gift has intensified scrutiny of crypto-linked political funds. UK Labour MPs are preparing to challenge the government’s funding reforms by demanding a permanent ban on cryptocurrency donations. Their proposal would replace the temporary moratorium with a lasting prohibition. Liam Byrne is leading the effort through amendments to the Representation of the People Bill. Supporters say the change would reduce anonymous and impermissible donations in UK Politics. Labour MPs Seek Tougher Campaign Finance Controls Members of the all-party anti-corruption group are canvassing support for four amendments aimed at strengthening the legislation. By midday Thursday, the proposals had secured at le