Seven senior Labour MPs who chair key parliamentary committees have urged the UK government to ban political donations made in cryptocurrency. The MPs include former minister Liam Byrne, Emily Thornberry, Matt Western, and more.

The demand targets the upcoming Election Bill and comes amid growing concern that crypto messes up the basic safeguards in political finance. The group argues that political funding must be transparent, traceable, and enforceable. Crypto fails all three tests.

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