UK tightens election donor rules, pressuring Reform UK's crypto backers

The UK government has unveiled further election-finance restrictions aimed at limiting foreign influence, adding new checks that could narrow funding routes tied to Reform UK’s crypto-linked donors. The measures cap political donations at £100,000 for residents in their first year after moving to Britain and require company donations to be assessed against after-tax profits over the previous five years. The changes build on a full ban on crypto donations introduced in March. Together, the rules could constrain support linked to Christopher Harborne and Ben Delo, two wealthy figures associated with the crypto sector who have backed Reform UK. The latest package sharpens scrutiny of how parties can raise money from overseas-linked individuals and corporate entities as Britain tightens controls on election funding.

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