BlockBeats News: On March 25, the UK Labour Party announced it will implement a "temporary ban" suspending political groups from accepting cryptocurrency donations until relevant regulatory frameworks are established, in order to address the risk of foreign interference in elections. This measure is seen as potentially directly impacting the Reform Party's funding sources. Previously, the party led by Nigel Farage had received substantial donations from cryptocurrency industry figures. The UK government stated that this move aims to enhance political funding transparency and public trust, with the relevant ban retroactively applied to cryptocurrency donations effective immediately.

South Korea's People Power Party has proposed canceling the 22% cryptocurrency capital gains tax set to take effect in 2027, arguing that the current tax system is immature and may create unfairness, particularly affecting young investors. The party is concerned that strict taxation could lead to capital outflows, with 110 billion dollars already having fled, impacting market activity. The bill is still under review, and its passage remains uncertain. If approved, it could boost market confidence and attract more investors.