Ireland Bans Crypto Donations for Political Parties Fearing Russian Intervention (Report)

Irish Government Minister Darragh O’Brien wants local political parties to be forbidden to receive cryptocurrency donations.

Citing fears of Russian intervention, Irish authorities have implemented new integrity rules that prohibit political donations sent in the form of cryptocurrencies. The nation has also incorporated stricter rules on all foreign campaign donations.The near two-month-long war, still called a “special military operation” by the aggressor, continues to create different sorts of problems for many European nations.

O’Brien said he will propose amendments to the Electoral Reform Bill 2022 to “protect against malicious online interference while also overhauling political funding laws to prevent foreign interference in how parties or individuals are financially supported.”The official also condemned the “appalling invasion of Ukraine,” saying that Russia’s actions have started a “disinformation war,” which highlights the “ongoing fundamental threats faced by all democracies.

Two digital asset exchanges also dipped their toes in Ireland. Binance – the world’s largest crypto trading platform –

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