UK Reform Party Races Ahead Through Crypto Donations

TheNewsCrypto
PUMP1,48%
  • Christopher Harborne has made a crypto donation worth £3 million to the UK Reform Party.
  • He previously donated £9 million in August 2025.
  • Parliament members have sought a ban on crypto donations.

The UK Reform Party became the first British political party to accept crypto donations in May 2025. It has now received one of the biggest donations in cryptocurrencies in the fourth quarter of 2025, surpassing the Conservative and Labour Party in terms of total donations. However, parliament members have flagged concerns regarding foreign interference through this practice.

Crypto Donations for the UK Reform Party

Led by Nigel Farage, the UK Reform Party received around £3 million worth of crypto donations from Christopher Harborne. As in the fourth quarter, the Reform Party has received a total of £5.5 million while the Conservative Party and the Labour Party each have bagged around £2.3 million and £1.7 million, applicable in the same order.

A report about the Reform Party accepting crypto donations dates back to the end of May last year, that is, 2025.

Nigel Farage announced the acceptance by seeking long-lasting recognition for cryptocurrencies, per a report by the BBC. With this, he stood as a pro-industry candidate at that time and continues to maintain that reputation, according to the recent data by the Electoral Commission data.

Accepting crypto donations has also aligned with Nigel’s ambitions of making the UK a crypto capital of the world, something that resonates with Trump’s remarks.

Reaction of Parliament Members

Members of the parliament are concerned about the outside or foreign interference with crypto donations. Their worries more or less underline the earlier conviction of Nathan Gill. He admitted accepting bribes for pro-Russia speeches and interviews. This landed him in jail for over a decade, making him the former Reform UK leader in Wales.

Parliament members have, since then, sought a ban on crypto donations.

Parliament members also expressed their concern over the volatility of digital assets. Chancellor Rachel Reeves responded to these worries by committing to regulate them like traditional finance companies.

Christopher Harborne in the Picture

This is the second biggest donation by Christopher Harborne. He earlier donated £9 million in August 2025. Known as the British-Thai businessman and crypto investor, Harborne previously contributed to the Brexit Party, Farage’s political vehicle, in 2019 and 2020.

The UK Reform Party remains the only political party to accept crypto donations in the United Kingdom. Farage has even committed to passing the Crypto Assets & Digital Finance Bill if he is elected to the Prime Ministerial chair. His remark reportedly came during a speech at a crypto conference in Las Vegas in May 2025.

Highlighted Crypto News Today:

Pump.fun (PUMP) Price Battle: Surge Reload or Downside Drift Ahead?

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Gerelateerde artikelen

North Korea Creditors Seek Kelp DAO ETH Amid DeFi United Vote

On May 1, lawyers for terrorism victims served Arbitrum DAO with a restraining notice barring the transfer of 30,766 ETH (~$71.1 million) that the Arbitrum Security Council froze on April 20 following the $292 million Kelp DAO exploit, according to The Block. The frozen funds are tied to addresses c

CryptoFrontier57m geleden

Bitcoin Reverses From $80,594 High to $79,000 After Iran Missile Report; Oil Spikes 5%

According to Iran's Fars news agency, two missiles hit a U.S. warship today, triggering a sharp reversal in Bitcoin from its $80,594 high to around $79,000. Oil prices surged 5% on the report before the U.S. denied the claim. Ethereum, Solana, and Dogecoin declined sharply alongside the broader mark

GateNews1u geleden

U.S. Treasury Secretary Bessent: Global Oil Supply Will Be 'Very Well Supplied' Amid 8M–10M Barrel Daily Gap

According to U.S. Treasury Secretary Bessent on May 4, the United States controls the Strait of Hormuz, and global oil supply will be "very well supplied" despite current conflicts. Bessent stated the global oil deficit caused by ongoing conflict is approximately 8 million to 10 million barrels per

GateNews4u geleden

地缘谈判与鸽派数据预期交织:本周加密市场结构性观察

美伊和谈释放积极信号但战争准备同步推进,霍尔木兹海峡控制权面临转折;美国就业数据或强化鸽派预期,BTC 时隔三月重回 80,000 美元上方。

GateInstantTrends7u geleden

Nobitex Founders Linked to Iran's Elite Political Family Tied to Supreme Leaders, Reuters Investigation Reveals

According to a Reuters investigation published Friday, Nobitex, Iran's dominant crypto exchange with roughly 11 million users handling about 70% of the country's crypto activity, was founded by brothers Ali and Mohammad Kharrazi, whose family is related by marriage to all three of Iran's supreme

GateNews7u geleden

Bitcoin Tops $80K as Strategy Skips Weekly Buy

Bitcoin topped $80,000 overnight for the first time since late January, marking a fresh milestone in the leading cryptocurrency's rebound after dipping below $65,000 at multiple points in recent months. The price surge comes as Strategy, the publicly traded leading holder of Bitcoin, took a rare wee

CryptoFrontier8u geleden
Opmerking
0/400
Geen opmerkingen