UK Reform Party Considers Establishing Crypto Industry Union

The UK Reform Party is considering establishing a labor union for the cryptocurrency industry, according to reports, as a response to the Labour government's regulations on foreign donations. The proposed organization aims to represent the industry's political interests and address donation regulations. Foresight News reported that the Reform Party is reviewing the establishment of a crypto industry union. The UK government has been pushing to cap donations from overseas residents and prevent hard-to-trace funds from entering politics, including through virtual assets.

Recent reports indicate that the Reform Party received £36 million each from cryptocurrency figures Ben Delo and Christopher Hambro, totaling £72 million (approximately 13.3 billion won).