Question

To ask the hon. Member for Blaenau Gwent and Rhymney, representing the House of Commons Commission, whether guidance has been provided to any hon. Members on receiving donations in the form of cryptocurrencies.

The House of Commons Commission has no responsibility for issuing such guidance.

It may be helpful to know that the Code of Conduct and Guide to the Rules on Registration does not directly reference crypto currencies.

Paragraphs 14 to 20 of the Guide to the Rules on Registration set out the requirements for registering donations under Category 2: Donations and other support for activities as a Member of Parliament.

Electoral Commission Guidance on political party donations and loans in Great Britain includes guidance on cryptoassets and says:

“The same rules apply to donations received in cryptocurrencies as any other donations. Sufficient information must be collected to check permissibility. There must be a means of valuing the donation given in any cryptocurrency.”
Political party donations and loans in Great Britain