headline, reform UK isn't sharing crypto wallets with UK regulators report published at 8.04 pm
March 17, 2026 reform UK hasn't shared its crypto donation addresses with the UK's
Electoral Commission despite the official body's apparent requests. The Nigel Farage led party
announced it was accepting crypto donations last year, a situation that's caused concern about
the potential for foreign political interference and dubious funding. A representative for the
Electoral Commission told Byline Times reform has not shared any crypto wallet address with us.
They said, we routinely request a variety of information from parties to ensure they are fulfilling
their legal responsibilities, adding that they cannot comment any further on the nature of
these requests as it may impact our inquiries. The Commission is also seeking new powers to
regulate political crypto donations and told Byline Times that existing laws need to be
strengthened to prevent impermissible foreign funds entering the UK system.
Read more. Nigel Farage aid George Catrell bet US war will last four more months.
It warned that crypto donations present particular challenges and risks in meeting electoral
law requirements in identifying donors and ensuring they are permissible. Byline Times says
no crypto donations have been reported to the Commission as of yet. However, it said that donations
below 500 pounds aren't subject to reporting rules and warned that this loophole could allow
large donations to be split up into numerous smaller ones. Reform UK's crypto processor
exempt from UK scrutiny. Reform UK's crypto donations are processed by a firm called
Radum, which gets its virtual asset service provider license through its Poland-based arm.
Crypto donations handled by the Polish entity avoid scrutiny from the UK's financial conduct authority.
It's not entirely covered by Europe's markets in crypto assets regulation, Mika, either,
as Polish President Carol Narotsky has reportedly vetoed implementing Mika regulations twice.
As of 2026, Poland reportedly has 1,800 virtual asset service providers listed in the country.
If it doesn't implement the Mika regulation by July 1, 2026, Radum and these firms will have
to find regulatory approval from another country within the European Union. Read more.
Huyone Group, head boss G, reportedly arrested, then released.
Byline Times reports that Poland's current regulatory regime is far from perfect and claims
that obtaining a Polish license only requires a small fee and little to no scrutiny.
Top Polish lawyer Robert Nogaki told Byline Times that the country's crypto regulations are just
an automated registration role, low friction by design, high risk by consequence,
that turned a $150 formality into an exportable badge of EU credibility.
Byline Times notes that the Huyone Group, which allegedly helped launder billions of dollars'
worth of funds linked to South Asian scam empires and North Korea's hacking collective,
was also licensed under Poland's system. This recording is AI-generated. Got a tip?
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