CoinWorld News: Seven UK parliamentary committee chairs have jointly written to the government, urging a comprehensive ban on cryptocurrency political donations in the upcoming "Electoral Bill." Committee Chair Liam Byrne and others believe that cryptocurrency donations could undermine transparency and traceability of political funding and pose a risk of foreign interference in UK politics. This move increases pressure on the Labour government, which considers cryptocurrency donations a risk to electoral integrity, but due to implementation complexities, it may not be included in the bill in the short term. Reform UK, which became the first party in the UK to accept Bitcoin donations last year, led by Nigel Farage, has positioned this move as part of a broader "cryptocurrency revolution."

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