Coinbase criticizes UK ban on crypto political donations

Coinbase has criticized the UK government's ban on political donations made with cryptocurrency, calling it an overreaction. According to DL News, the UK government implemented the ban to enhance national security and block foreign interference in its democracy. Tom Duff Gordon, Coinbase's vice president of international policy, argued that the move is an inefficient measure that restricts the payment method itself instead of addressing the core problems of managing identity and the source of funds.