Reform UK Eyes Digital-Asset Workers Union to Counter Tighter Foreign Donation Rules
Summary
- Reform UK said it is pushing to establish a labor union spanning workers in the digital-asset industry in response to tighter regulation of foreign political donations.
- The Allied Computer & Crypto Workers Union (ACCAW), which Reform UK said it plans to launch, would accept members from the IT, AI and digital-asset industries.
- Reform UK is considering ways to raise political funds through the union, and digital-asset billionaires previously donated a combined 72 million pounds, according to the report.
Forecast Trend Report by Period
Reform UK, a pro-digital-asset political party in the U.K., is considering setting up a labor union for workers across the digital-asset industry to counter tighter rules on foreign political donations.
Aaron Banks, a senior Reform UK figure, said the party would establish the Allied Computer & Crypto Workers Union, or ACCAW, if the Labour government introduces additional curbs on foreign political funding, ODaily reported on September 20.
ACCAW would accept members from the information-technology, artificial-intelligence and digital-asset industries. Reform UK is also considering using the union to raise political funds, the report said.
The plan comes as the U.K. government moves to restrict political donations from overseas backers. Digital-asset billionaires Ben Delo and Christopher Harborne previously donated 36 million pounds each to Reform UK, for a combined 72 million pounds, according to the report.
Bloomingbit Newsroom
news@bloomingbit.ioFor news reports, news@bloomingbit.io