A Generous Donor Who Looks Like a Whale… Former UK Prime Minister Boris Johnson has received a large donation in cryptocurrencies. It is not the first time for “BoJo”, which has repeatedly shown interest in this type of asset.
Boris Johnson receives a very large donation in cryptocurrencies
This gift is unusual for several reasons. Not only are cryptocurrency donations still rare in politics, but the amount is particularly large. This is an unprecedented figure: the 1 million British pounds (GBP) that these cryptocurrencies are worth so completely eclipse the previous record, at 150,000 GBP.
It was businessman Christopher Carbone who donated this large sum to the former British prime minister. He himself is a shareholder of the company that oversees the Bitfinex exchange platform as well as the stablecoin issuer Tether (USDT).
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“BoJo’s” interest in cryptocurrencies
The links between Christopher Carbone and British politics are not new. The man he has reportedly donated over £15 million to the British Conservative Party. He had been particularly active in the pro-Brexit campaign.
As for Boris Johnson, he has already shown his interest in the sector. He had been compensated more than 250,000 GBP for an intervention in Singaporehosted by blockchain firm ParallelChain Lab. Also, his brother held a consultant position with Binance until last December.
It should be noted, however, that not all countries are in favor cryptocurrency donations for political parties or their members. Last April, Ireland distinguished itself by banning cryptocurrency donations to political entities. The UK’s neighbor thus reported fears of Russian interference, against the background of the war in Ukraine.
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