The Kingdom of the United States prohibited the use of encryption for political donations – naturalnews.com

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  • The Minister of Cabinet Office has proposed that it would be guaranteed to prohibit the political donations of the encrypted currency, citing concerns about tracking assets and ensuring transparency. His colleague, Liam Bern, described the current financial rules as the “Kremlin Charter” to enable the ostrich.
  • Push’s Push in London follows the Roform UK advertisement for accepting Bitcoin donations, reflecting the profit -supporting donations in the United States. Ireland banned encryption donations in 2022, while US states such as Michigan and Oregon have banned banners.
  • Critics warn against not disclosing his identity in Crypto foreign intervention, dark money and threats of democracy. The lights on corruption highlighted the dangers of “future political intervention plans” through insecure funds.
  • Cleated currencies challenge the current censorship as an unorganized system. McFadden emphasized the need for “technology” laws, while activists demand the implementation of the strongest and donation covers.
  • Al Salvador’s lack of censorship raises concerns about the undeclared influence, which represents wider conflicts of the financial innovation balance with democratic integrity. The debate remains without a compromise, calls for strict rules in exchange for innovation policies.

In a digital era where cryptocurrency donations reshape political campaigns around the world, The United Kingdom is wrestling with the issue of its entire prohibition.

London has emerged as a central battlefield in this conflict. The Minister of Cabinet Office has proposed that it was guaranteed during a joint hearing of the two British parliamentary rooms on Monday, July 14, Crown donations should be banned.

McFaden, a close ally of British Prime Minister Kiir Starmer from the Labor Party, I cited concerns about tracking the assets of encryption donations. He told members of Parliament (MPS).

The co -worker in McCavin Liam Bernin went further. According to MP for Birmingham Hodge Hill and Solihoul North, the current party financing rules in the United Kingdom are the “Kremlin Charter” designed to obscure instead of openness. “We must eradicate dark money, hidden money and foreign money,” Bern continued.

McFadden and byrne’s comments followed by the UK Reform Party in Nigel Faraj this month that it will accept Bitcoin donations, echoing the pro -profit donations Donald Trump.

The US elections for 2024 encryption companies witnessed $ 134 million in pro -Rabat candidates. The Republic of Ireland had already taken measures, as all political donations were banned in encryption in 2022 to protect its democracy from foreign influence.

Dark money in the digital age

The clash on transparency in exchange for financial innovation has reached a critical turn – as officials warn of uninterrupted money, foreign overlap and threats to democratic integrity. But at the heart of this debate is an essential tension. While Blockchain technology is with financial sovereigntyThe lack of disclosure of his identity makes it a possible tool for dark money.

British anti -corruption monitoring warned that Crypto could facilitate “future political intervention plans” by foreign actors. Similar concerns led to the push of American states such as Michigan and Oregon to ban donations on the encryption campaign, although California reflected its ban in 2022.

Meanwhile, El Salvador is criticizing for the lack of oversight of political financing, which raises fears of unannounced foreign or criminal influence. Under the leadership of El Salvadori Naib Bouachiel, the Central State of America made a legal tender in Bitcoin in 2021 before its development in February of this year. (Related to: El Salvador eliminates Bitcoin as a legal tender for the International Monetary Fund loan))

The issue is not new; For decades, democracies have struggled with the budget of free political participation against the risks of unannounced donations. But cryptocurrencies offer a new challenge – an unorganized financial system that works outside the traditional banking audit.

They admitted to this, saying that the legislation should “keep pace with technology.” Meanwhile, British activists argue with stronger enforcement, including restoring the authority of the Electoral Commission to investigate violations.

A activist, Tom Brik, warned against opening democracy, that Crypto poses a “clear and present danger” to democratic integrity. He urged automatic voters and Caps on donations.

While officials are preparing new proposals for election security, transparency advocates request tougher rules. However, with governments hesitate to strangle financial innovation, The battle on the role of Crypto in politics Far from the stable.

Watch this video explains that The true value of Bitcoin lies in the liberation of the tyranny it provides.

This video from Recharge freedom channel Brighton.com.

More relevant stories:

Russia plans to ban mining and trading – organizer report.

China’s encryption forces force bitcoin miners to sell or flee from abroad.

California organizer to investigate encryption companies to not reveal the risk of encryption lending activities.

Sources include:

cointelegraph.com

Theguardian.com

Coincentral.com

Brighton.com

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