2026-01-12 04:26:20

New developments have emerged in the UK Parliament. Recently, seven parliamentary committee chairs jointly issued a statement calling on the government to strictly regulate the use of cryptocurrencies for political donations in the upcoming "Electoral Bill." Their core concerns are numerous: firstly, the fear that this could weaken transparency and traceability of political funding; secondly, that neglecting regulation might leave loopholes for foreign interference. This proposal reflects a cautious attitude from regulators as Web3 assets enter mainstream politics. As the cryptocurrency ecosystem continues to expand, how to strike a balance between innovation and risk prevention has clearly become a key issue for policymakers worldwide.

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Anon32942

· 11h ago

Here they come again, politicians finally can't sit still anymore This issue of transparency sounds nice, but in reality, it's probably just fear of losing control over the flow of money Foreign interference? First, control your own domestic black money Cryptocurrency political donations, it feels like a double-edged sword Web3 entering the political arena, this is going to be interesting Ultimately, it's the vested interests who are afraid of losing control Regulation can never keep up with the pace of innovation, it's always been that way Why did these seven gentlemen suddenly come out and start protesting? There must be a story behind it Weakening transparency? Uh... how transparent are traditional political donations anyway

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SolidityNewbie

· 11h ago

Here we go again, with this tired old rhetoric. Transparency, traceability, preventing foreign interference... are they really just demonizing crypto? Why don't these lawmakers take a look at the mess of traditional political donations? At least it's all written clearly on the blockchain. Wait a minute, if we keep going like this, won't our space for innovation be squeezed even more?

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HappyToBeDumped

· 11h ago

Is this coming again? Trying to choke us again? Transparency? That's a joke. Fiat money laundering is the real big issue, okay?

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WenMoon

· 11h ago

Here come the bans again, these lawmakers are really scared. --- Transparency? Ha, centralized politics itself is not transparent, alright. --- So as long as it involves politics, it has to be regulated. This logic is a bit interesting. --- How many times has the excuse of foreign interference been used? It's a bit annoying. --- Instead of staring at crypto, why not first regulate the black hole of traditional donations? --- Web3 hasn't even taken off yet and they're already hunting, truly impressive. --- With regulation coming, what can we trust? Better to get on board early. --- Honestly, it's just that power doesn't want to be restrained. --- The biggest irony about transparency is that it's spoken from political mouths. --- Now it's all good, even the political circle wants to oppose crypto.

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BearMarketSunriser

· 11h ago

Here we go again, politicians are starting to focus on crypto political donations. Honestly, they're just afraid of not understanding how it works. This issue of transparency, to put it nicely, is actually about wanting to control the flow of funds. The seven parliament members in the UK responded quite quickly, trying to regulate right at the forefront of the issue. To be honest, this wave of regulation is a bit late; it should have been addressed a long time ago. I've heard the foreign interference rhetoric too many times; I can't tell if it's true or not.

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DefiVeteran

· 11h ago

Another set of excuses about "preventing foreign interference." Basically, they just don't want ordinary people to use crypto to bypass their financial monopoly. Transparency? Ha, political donations have always been the least transparent. Double standards are everywhere—traditional finance's money laundering goes unchecked, but when it comes to crypto, it's labeled as a "security risk"?

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