Odaily Planet Daily News: Several UK lawmakers recently called for a ban on the use of cryptocurrencies for political donations, expressing concerns about their difficulty to trace and the potential for foreign interference. Cabinet Office Minister Pat McFadden stated that existing legislation needs to be updated promptly to ensure that political financing is transparent and trustworthy. Previously, the UK Reform Party announced that it would accept Bitcoin donations, drawing attention from various sectors. Anti-corruption agencies warned that allowing cryptocurrency donations would increase the risk of criminal funds flowing into the political sphere. In addition to the UK, Ireland and certain states in the United States have also implemented bans on cryptocurrency political donations. (Cointelegraph)