UK to cap overseas political donations and ban crypto funding for parties

Britain will cap how much donors living overseas can give to political parties and ban cryptocurrency donations following an independent review into the influence of foreign finance, a move that could hurt Nigel Farage’s Reform UK party.

The government ordered the review into foreign financial interference in politics after a former politician in Reform UK was jailed last year for taking bribes to make pro-Russia speeches and statements.

Last year, the populist Reform UK became...