Reform Receives First Cryptocurrency Donation
Cryptocurrency donations are raising concerns about transparency in political funding.
Reform UK has reportedly received a cryptocurrency donation, according to The Observer. The value of the donation has not been declared, but it will be disclosed if it exceeds £11,180.
“All donations above the reporting limit will be disclosed in the usual way.”
Parties must declare donations within 30 days of the end of the quarterly reporting period.
- Donations over £11,180 must be declared.
- Declaration must be made within 30 days of the quarterly reporting period.
No rules have been broken by Reform regarding the declaration of the donation.
Author's summary: Reform UK receives first cryptocurrency donation, sparking transparency concerns.
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