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Nigel Farage’s Reform UK secured a 2nd 3 cardinal British pounds ($4 million) boost successful November 2025 from Thailand-based crypto capitalist Christopher Harborne, the Financial Times reported Thursday.
The aviation entrepreneur and aboriginal crypto backer, who is 1 of Reform’s largest idiosyncratic funders, donated different $12 cardinal to the enactment successful August 2025, successful what was a record azygous acquisition to a UK governmental party by a surviving donor.
The further donation cements Reform’s presumption astatine the apical of the UK’s governmental enactment wealth race. The enactment pulled successful astir $23 cardinal successful 2025 successful total, with the Conservatives receiving astir $17 cardinal and the governing Labour enactment astir $10 million, according to the FT.
Harborne, a British nationalist agelong based successful Thailand and besides known arsenic Chakrit Sakunkrit, is an aviation entrepreneur and aboriginal crypto capitalist who holds close to a 13% involvement successful Tether, the issuer of the USDt (USDT) stablecoin, via compensation linked to the 2016 Bitfinex hack.
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He antecedently donated to the Conservatives nether Boris Johnson and pumped astir $13 cardinal into Farage’s Brexit Party during the 2019-2020 cycle, making him 1 of the astir important idiosyncratic financiers of Britain’s close wing.
Reform, which became the first UK enactment to formally judge Bitcoin and different crypto donations aft Farage’s announcement astatine the Bitcoin 2025 league successful Las Vegas, has promised to present a “Cryptoassets and Digital Finance Bill” if the enactment wins the adjacent wide predetermination successful the UK, expected earlier August 2029.
UK weighs crypto donation prohibition arsenic Reform currency surges
The party’s rising warfare thorax arrives arsenic the United Kingdom considers clamping down connected integer plus wealth successful politics.
Ministers person been weighing options nether a caller Elections Bill that could see an outright prohibition connected crypto donations, tougher disclosure rules and tighter controls connected ammunition companies and unincorporated associations utilized to way funds.
Pressure has besides grown successful Parliament for a temporary moratorium connected crypto governmental donations. Matt Western, seat of the Joint Committee connected the National Security Strategy, urged restrictions connected funds routed via mixers oregon anonymous sources and a request to person immoderate crypto into fiat wrong 48 hours, successful a missive to the Secretary of State for Housing, Communities and Local Government connected Feb. 23.
Those calls bespeak mounting concern among UK members of parliament, information officials and anti‑corruption campaigners that large, hard‑to‑trace crypto fortunes could beryllium utilized to transmission overseas oregon undue power into UK politics.
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