Crypto political donations are here – is the UK ready?

Published by Radix Big Tent


CRYPTO POLITICAL DONATIONS

Cryptocurrency is reshaping global finance and, increasingly, international politics. What was once something that only happened abroad has reached British shores, with the first crypto donation to a UK political party reportedly made this month. This marks a decisive shift in UK political finance, one that current laws and enforcement mechanisms are not equipped to handle. Unsurprisingly, a regulatory framework built for the analogue age cannot be expected to effectively secure democratic integrity in a digital one.