Tether Investor Donates £12 Million to UK Reform Party for Crypto Policies

News Flash 2026-03-07 11:31

Christopher Harborne, a London-based investor with a significant stake in Tether, has donated over £12 million to the UK Reform Party to bolster its crypto-friendly policies. According to UK Electoral Commission documents, Harborne, who holds approximately 12% of Tether shares, contributed an additional £3 million in November, following a £9 million donation last year. Under Nigel Farage's leadership, the Reform Party has prioritized digital assets, aiming to position the UK as a leading hub for cryptocurrencies. The party proposes reducing the capital gains tax on cryptocurrencies from 18% to 10% and became the first UK political party to accept digital asset donations in 2025. However, this has sparked concerns among MPs, with calls to ban cryptocurrency donations due to potential risks of obscured funding sources and foreign interference.

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