Radom Pay
Polish cryptocurrency payment processor used by Reform UK for donations, outside FCA regulation.
Last refreshed: 26 April 2026 · Appears in 1 active topic
How does a Polish crypto processor allow political donations that UK regulators cannot trace?
Timeline for Radom Pay
Poland-based crypto processor used by Reform UK
UK Local Elections 2026: Mentioned in: RPA Bill misses the wash-up windowMentioned in: Lib Dems ask FCA to probe Farage crypto stake
UK Local Elections 2026processed Reform UK crypto donations from Poland outside FCA regulation
UK Local Elections 2026: Electoral Commission blind on crypto cash- What is Radom Pay and why is it linked to Reform UK?
- Radom Pay is a Polish Cryptocurrency payment processor used by Reform UK to accept crypto donations. Because it is incorporated in Poland, it falls outside FCA and Electoral Commission jurisdiction, making it impossible for regulators to verify the donations without voluntary cooperation.Source: Electoral Commission
- Can the Electoral Commission investigate Reform UK's Radom Pay donations?
- No. Radom Pay is outside FCA jurisdiction and has not provided wallet addresses. The Electoral Commission confirmed it cannot verify the transactions without Reform UK's cooperation.Source: uk-elections-2026
Background
Radom Pay is a Polish-registered Cryptocurrency payment processor that handled Reform UK's Cryptocurrency donations. Because the company is incorporated in Poland, it falls outside the jurisdiction of the UK's Financial Conduct Authority (FCA), creating a regulatory blind spot that the Electoral Commission confirmed it cannot address without the processor's voluntary cooperation.
The Electoral Commission confirmed in April 2026 that it cannot verify Reform UK's crypto donations because Reform has not provided wallet addresses, and Radom Pay's offshore status means the Commission has no mechanism to compel disclosure. This exposed a structural gap in UK political finance law: crypto processors incorporated outside the UK can route donations through non-UK entities without being subject to FCA or Electoral Commission scrutiny. The Representation of the People Bill was intended to close this gap by banning Cryptocurrency donations retrospectively, but the bill was excluded from parliamentary wash-up and will not become law before the 7 May elections.
A separate regulatory thread involves Stack BTC, a Cryptocurrency firm connected to Nigel Farage; Liberal Democrat deputy leader Daisy Cooper wrote to FCA chief Nikhil Rathi in April 2026 requesting investigation into Farage's promotional role and shareholding. The FCA confirmed it would review the letter but has not opened a formal investigation. Radom Pay's role in this thread is indirect: it is the processor of record for party-level donations, distinct from the Farage-Stack BTC allegation.