Keir Starmer confirms pause on crypto donations recommended in Rycroft review

Evening Standard

Political parties will be banned from accepting donations in cryptocurrencies, Sir Keir Starmer has announced, after the measure was recommended in a review of foreign financial interference.The Government will also cap donations from UK citizens living abroad who are still on the electoral register in line with former top civil servant Philip Rycroft’s recommendations.The Prime Minister told MPs the Rycroft review set out the “stark threats posed by illicit finance”.

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00:27Mr. Speaker, the Community

00:29Secretary will make a statement later

00:31on the Rycloft Review, which

00:33sets out the stark threats posed by

00:35illicit finance. I can tell

00:38the House we will act decisively

00:40to protect our democracy.

00:42That will include a moratorium

00:44on all political donations

00:45made through cryptocurrencies.

00:48I hope that will be

00:50welcomed across the House.

00:52There is only one party leader

00:54who has shown he will say anything

00:56no matter how divisive

00:57if he's paid to do so.

01:00You're welcome.

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