Parliament's joint committee on the national security strategy called for a ban on cryptocurrency donations to political parties, citing risks to the integrity of the political finance system and vulnerability to foreign interference. The committee recommended the government introduce a binding moratorium on crypto donations as an amendment to the representation of the people bill until adequate safeguards and Electoral Commission guidance are established.
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Parliament's joint committee on the national security strategy called for a ban on cryptocurrency donations to political parties, citing risks to the integrity of the political finance system and vulnerability to foreign interference. The committee recommended the government introduce a binding moratorium on crypto donations as an amendment to the representation of the people bill until adequate safeguards and Electoral Commission guidance are established.