Ireland's Political Parties to Be Banned From Accepting Crypto: Report

The move is being made to counter concerns over Russian interference in Irish elections.

AccessTimeIconApr 19, 2022 at 9:01 a.m. UTC
Updated May 11, 2023 at 6:28 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Political parties in the Republic of Ireland will be banned from accepting donations in cryptocurrency, the Irish Independent reported Tuesday.

  • The move is being made to counter concerns over Russian interference in Irish elections.
  • Local Government Minister Darragh O'Brien, who is in charge of electoral reform, has written to party leaders detailing measures to combat potential foreign meddling in the country's democratic processes.
  • “The appalling invasion of the Ukraine and insidious disinformation war highlight the ongoing fundamental threats faced by all democracies,” O'Brien said.
  • Cryptocurrency donations are likely being targeted on concerns that crypto is used to short circuit sanctions, such as those placed on the majority of financial institutions linked to Russia and its allies.
  • However, there remains little evidence that this is the case.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by, a firm with interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets including bitcoin and EOS. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.

Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.