Senior Labour MPs urge government to ban cryptocurrency political donations

Campaign groups argue online transactions present real risks to our democracy' as it is hard to trace their true source

Downing Street has been urged to ban political donations in cryptocurrency by seven senior Labour MPs who chair parliamentary committees.

The committee chairs - Liam Byrne, Emily Thornberry, Tan Dhesi, Florence Eshalomi, Andy Slaughter, Chi Onwurah and Matt Western - called on the government to introduce a full ban in the forthcoming elections bill amid concern that cryptocurrency could be used by foreign states to influence politics.