Nigel Farage’s Reform UK received 7 million British pounds ($9.4 million) from two crypto billionaires this year, with total funds raised outstripping all other political parties.
The party received a $4 million donation from Christopher Harborne, who has a stake in the stablecoin issuer Tether, and a $5.4 million donation from Ben Delo, the co-founder of the crypto exchange BitMEX, according to Electoral Commission data released on Thursday.
The Labour and Conservative parties each received around $5.4 million in the first quarter of the year.
Reform UK has pitched itself as a pro-crypto party. It was the first UK political party to accept donations in Bitcoin (BTC), and Farage has proposed cutting capital gains taxes on crypto from 24% to 10%. He has also called for the Bank of…
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Source cointelegraph.com
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