Government moves to ban cryptocurrency donations to political parties

'Crypto' donations to political parties are set to be banned under new legislation. Picture: iStock

The Government is moving to ban digital currency or “crypto” donations and strengthen the prohibition on donations to political parties from outside the State.

Under moves being proposed by Housing Minister Darragh O’Brien, amendments to legislation currently being debated by TDs will ensure  donations and resources from non-citizens outside the State are not being utilised to influence our elections and political processes.