Crypto news report · source clearly identified
Crypto Billionaires Donate £36 Million Each to Reform UK Amid Pending UK Crypto Donation Ban
Ben Delo and Christopher Harborne each contributed £36 million to Nigel Farage’s Reform UK, while the UK House of Lords debates legislation to stop crypto‑based political donations and limit overseas giving to £100,000 annually.
Crypto entrepreneurs Ben Delo and Christopher Harborne have each pledged £36 million to Reform UK, the political party founded by Nigel Farage. Their contributions come as the UK House of Lords reviews a bill that would prohibit political donations made with cryptocurrency and impose a £100,000 annual cap on all overseas donations.
Major Crypto Donations to Reform UK
Both Delo and Harborne, known for their wealth generated from cryptocurrency ventures, are providing the same amount—£36 million—to support Reform UK’s political agenda.
Legislative Move to Restrict Crypto Donations
The House of Lords is currently considering legislation that would:
- Ban political donations made using cryptocurrency.
- Cap the total amount of overseas political donations at £100,000 per year.
Potential Impact on Political Funding
If enacted, the bill could significantly alter how crypto‑wealthy individuals fund political parties, requiring them to use traditional fiat channels or limit the size of their contributions.
Source & attribution
News Source
- Publisher
- The Block
- Original date
- September 12, 2026, 4:18 PM
- Original headline
- Crypto billionaires Ben Delo and Christopher Harborne each donate £36 million to Farage’s Reform UK