Source · Select Committees · National Security Strategy (Joint Committee)
Recommendation 6
6
Crypto also poses wider upstream risks to the integrity of political finance: donors can convert...
Conclusion
Crypto also poses wider upstream risks to the integrity of political finance: donors can convert ‘dirty’ foreign crypto funds into ‘clean’ UK fiat and then donate it without arousing much suspicion. A ‘last mile’ ban on crypto donations is therefore not a panacea. Specialist capabilities to address upstream risks are underpowered and require further work. (Conclusion, Paragraph 69)