The Representation of the People Bill was amended to introduce a retrospective moratorium on Cryptocurrency donations to political parties, a £100,000 annual cap on donations from overseas electors, and restrictions capping donations from companies with foreign-owned parent companies at £500 for parties and £50 for candidates. Reform UK is the only major party confirmed to have received crypto donations and has 30 days after Royal Assent to return any unlawful receipts.
Retrospective application of a donation ban during a live regulated campaign is constitutionally novel in UK electoral law. For voters, the question of whether their local campaign was lawfully funded may not be answered until after the ballots are counted.
