Here’s a story that blends crypto, politics, and big money. A major investor connected to Tether — the company behind the world’s largest stablecoin — is quietly pouring serious cash into a UK political party that’s openly pro-crypto.
According to filings from the UK Electoral Commission, investor Christopher Harborne has donated millions to Reform UK, the party led by Nigel Farage. Harborne reportedly owns around 12% of Tether, which makes this connection even more interesting. The numbers are big too. A £9 million donation surfaced last year, and another £3 million contribution from November recently showed up in regulatory filings.
What caught my eye is how central crypto is to Reform’s agenda. The party wants the UK to become a global hub for digital assets. They’re even proposing to slash crypto capital gains taxes down to 10%. On top of that, they became the first UK political party to accept crypto donations back in 2025 — including payments in Bitcoin.
But not everyone’s thrilled. Some lawmakers are pushing for a ban on crypto political donations, warning it could hide the true source of funds.
So now the question is bigger than just politics… could crypto start influencing elections more than we think?
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