PANews reported on July 19 that Labour MP Pat McFadden stated that the UK should consider banning political donations in cryptocurrency. Just two months ago, Reform UK announced that it would accept cryptocurrency donations, becoming the first political party in the UK to do so. Ian Taylor, a board advisor of the digital asset advocacy group Crypto UK, stated that Pat McFadden's remarks are 'absolutely' a political move aimed at hindering the growing reputation of reform in the UK.