Cryptocurrencies

Crypto Donations Face Ban in Ireland to Avert Russian Meddling

Leinster House, the seat of the Oireachtas, also known as the National Parliament in Dublin, Ireland.

Photographer: Simon Dawson/Bloomberg

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Ireland’s political parties will be banned from accepting financial donations through cryptocurrencies to prevent foreign interference in elections, most prominently by Russia, according to the Irish Independent.

The new rules are being drafted as Russia’s invasion of Ukraine and an “insidious disinformation war” highlight the threats faced by democracies, Local Government Minister Darragh O’Brien wrote to party leaders, the newspaper reported Sunday.