Welsh leader rejects Reform-style mega-donations amid crypto worries

TL;DR Summary
Wales' First Minister Rhun ap Iorwerth says he won't accept Reform UK's massive £72m donation from two cryptocurrency businessmen, citing concerns about crypto funding and calling for careful international regulation; Reform defends legality. The piece also notes Plaid Cymru's funding comes mainly from small donors and that the Welsh budget depends on cross-party support, as the UK considers changing expatriate donation rules with a backdated £100k cap.
- First minister rejects Reform-style mega donations to political parties BBC
- Ministers seek law change to make £72m donations to Reform illegal The Guardian
- Nigel Farage says £72m donation are compliant 'with the law today' BBC
- U.K.’s Reform Party Rakes In Record $97 Million Donations From Crypto World WSJ
- Farage threatens to cut off Labour’s union funding in donations row The Telegraph
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