Political Funding – Can the Representation of the People Bill Pass the ‘Musk’ Test?
5 March 2026
Published by Radix Big Tent
CRYPTOCURRENCIES IN UK POLITICS
With the single biggest individual political donation in UK history received by Reform UK in December 2025 and Elon Musk reportedly having considered a donation twelve times that size, and with the growing use of crypto and the difficulty of demonstrating the real source of such funds, the integrity of UK elections is under serious threat.
In this webinar, CFS Research Fellow Eliza Lockhart joins Rachel Sylvester, political editor at The Observer, Rachel Blake MP, Duncan Hames, Transparency International UK and Kamila Kingstone, Spotlight on Corruption to discuss political finance reform. Eliza shares the findings of CFS’s Cryptocurrencies in UK Politics project and explains:
- the scale of financial foreign interference threats to UK democracy;
- how the UK’s political finance rules and enforcement are falling short; and
- why we need a moratorium on crypto donations.

