PANews reported on July 19 that according to Decrypt, Labor MP Pat McFadden said that the UK should consider banning cryptocurrency political donations. Just two months ago, Reform UK announced that it would accept cryptocurrency donations, the first political party in the UK to accept cryptocurrency donations. Ian Taylor, a board adviser to digital asset advocacy group Crypto UK, said Pat McFadden's remarks were "absolutely" a political move aimed at hindering the growing popularity of reforming the UK.

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