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Tether's major investor donates over £12 million to the UK Reform Party in support of crypto-friendly policies

2026.03.07 11:23:57

March 7th — Per the latest disclosure from the UK’s Electoral Commission, London-based investor Christopher Harborne has made an additional donation to the UK Reform Party. Harborne is estimated to own a 12% stake in Tether, the world’s largest stablecoin issuer. Disclosure documents show that after a £9 million donation he disclosed last year, Harborne gave another £3 million in November 2023. Led by Nigel Farage, the Reform Party has made digital assets a core part of its economic agenda, promising to turn the UK into a top global hub for digital assets and proposing to cut the capital gains tax on cryptocurrencies from the current ~18% to 10%. In 2025, the Reform Party became the first UK political party to accept digital asset donations, letting supporters donate via cryptocurrencies like Bitcoin. This step has sparked concerns among some UK lawmakers. This past January, seven committee chairs called on the UK government to ban political donations in cryptocurrencies, arguing digital assets can hide fund sources and put the electoral system at risk of foreign interference.
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