Woofun AI reports that the UK government has proposed extending the £100,000 cap on overseas political donations to individuals in their first year of residency, alongside heightened scrutiny for corporate contributions. These measures, building on the March ban on cryptocurrency donations, are scheduled for final parliamentary review next week.

Analysts suggest the regulations could affect major Reform Party supporters from the crypto sector, including Tether investor Christopher Harborne, who holds about 12% equity and has donated around £12 million, and BitMEX co-founder Ben Delo, who has donated approximately £4 million. While reported donations were fiat-based and deemed compliant, party leader Nigel Farage faces investigation regarding undeclared non-cash support.