Cryptocurrency has been mentioned a number of times this evening, but the Bill is silent on it. While other countries wake up to the risks of crypto and its opacity, we are leaving the door wide open for cryptocurrency to become the new dark money. We need an explicit ban on cryptocurrency donations.
Some fantastic themes came out from their contributions: the ongoing threats from Russia and China; the role of social media in the disinformation space in particular, which is being driven by those countries and others; the use of crypto—it is extremely welcome to hear from the Minister that action will be taken on donations in crypto format; and the clear lines of exploration, shall we say, that Russia, China and others are making to reach British parliamentarians, British influencers and British policymakers on a constant basis. It is important that we talk about that here.
