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A far-right political party has received much more in crypto donations than previously believed, Byline Times can reveal.
Analysts assessing the party earlier in November found the Homeland Party had received just £27 worth of crypto donations.
However, Byline Times can reveal it has received at least £1,300 in donations via cryptocurrencies – including to a previously unreported account. There are no allegations of lawbreaking facing the party, but the revelations shine more light on the murky political funding area.
The Homeland Party was founded in 2023 as a splinter group of the neo-Nazi group Patriotic Alternative. It has been described as the largest fascist organisation in the UK by anti-racism campaigners Hope not Hate. It has around 1,300 members and some parish councillors, according to Times Radio.
There is currently a “moratorium” on donations via cryptocurrencies, with plans to enshrine it in law via the Representation of the People Bill. Reform UK has famously been the recipient of millions in donations from crypto billionaires Christopher Harborne and Ben Delo, both based overseas at the time, though the donations were made using sterling, not (for example) Bitcoin.
However, until recently Reform UK solicited donations in crypto on its website, managed by the then Poland-based finance firm Radom. Donations to the party went into a collective pool managed by the company, and then converted into fiat currency before landing in Reform UK’s accounts. Once donations went into the Radom wallet, it is not clear where it ends up. Reform UK claimed it does not own any cryptocurrency wallets.
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Radom has since relocated to the Cook Islands, around the time new financial regulations came into force in the European Union. About 90% of EU crypto firms have failed to get approval under the new EU “Markets in Crypto-Assets” (MiCA) rules.
Now Byline Times has learnt that the far-right Homeland Party had at least two Bitcoin donation addresses, since launching what it described as the UK’s first party crypto-donation scheme in July 2024.
Together they have received eight donations worth roughly £1,300 across their lifetimes. While the sums are small, the handling of them raises several questions for regulators.
The original online crypto wallet for the party took in roughly 40 times more than the wallet on which all previous reporting was based.
Published analysis identified a single donation of about £27. But the party’s first wallet received six donations totalling approximately £1,242.
The two largest donations each landed within a few pounds of £500 — the threshold at which donor permissibility checks are triggered under the Political Parties, Elections and Referendums Act (PPERA), and the ceiling the party itself advertised. They arrived several weeks apart (3 November and 29 November 2024) at very different Bitcoin prices, suggesting the donation amounts were a deliberate move to stay below the threshold (as had been requested by the Homeland Party itself).
If both payments came from the same donor they total roughly £994, which would exceed the limit the party set for itself. It is not possible to work out if they did using public ledger records. The 29 November 2024 payment originated from a (likely institutional) wallet holding nearly 123 BTC, worth roughly £8.8 million at the time.
Four of the eight donations arrived through “pooled” wallet services, meaning the sending address on the blockchain – the public ledger allowing people to track crypto flows – belongs to an exchange and not the donor. For those payments, the party could not have identified the donor from public data.
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We can also reveal that the newer wallet was swept clean, to a fresh party-controlled address around May 2026, shortly after the party announced it could no longer handle crypto – and after the late-March moratorium on crypto donations to parties came into effect.
That new wallet has received exactly one payment and has never spent anything, suggesting it was an internal migration between party-controlled wallets.
The original wallet has never been spent from and still holds roughly £1,000. It is possible the party has lost access to it.
There is no allegation any laws have been broken. And the sums are small: the total lifetime crypto income across both wallets is in the order of £1,300. But that is much more than the £27 previously believed to have been held by the party – indeed, any party – in crypto, and only emerged through Byline Times assessing archived webpages from the far-right group to discover an old wallet address.
The Homeland Party has been contacted for comment.
Timeline of Homeland Party’s Crypto Journey
| Date | Event |
|---|---|
| July 2024 | Homeland Party becomes first party to accept cryptocurrency donations. Address published: 3BUUuwD4AxeaSAq4fZbEsyB8ZrVZgGQTxb. |
| 27 Jul 2024 | First donation received (~£10). |
| 4–20 Oct 2024 | Three further donations (~£102, ~£114, ~£22). |
| 3 Nov 2024 | Donation of 0.00937445 BTC — approximately £499. Just under the £500 that would legally class it as a regulated donation. |
| 16 Nov 2024 | Internet Archive capture confirms 3BUU address still published. |
| 29 Nov 2024 | Donation of 0.00655066 BTC — approximately £495. Last activity on this wallet. |
| Nov 2024 – Mar 2025 | Published address changes to bc1q4w9c7c5jaychsf3e6yqtu9pl8xqafzeykshxd2ylp7pzlqt6skjqypgu5y. No announcement. |
| ~Apr 2025 | Donation of 0.00027 BTC (~£27) to the new wallet. |
| Nov 2025 | Spotlight on Corruption reports the party has received only one bitcoin donation, worth roughly £27. |
| ~Jan 2026 | Second donation to the new wallet, 0.00063319 BTC. Unreported to date. |
| Mar 2026 | Byline Times reports Homeland among three parties accepting crypto; notes it permits only sub-£500 donations and uses no third-party permissibility processor. |
| 25 Mar 2026 | Party states a government moratorium means it can no longer accept crypto in any amount. Wallet address removed from website. |
| ~May 2026 | Newer wallet swept clean to a new party-controlled address. |
| Present | Original 3BUU wallet still holds 0.02110436 BTC, untouched since November 2024. |
Wallet One – Previously Undiscovered
| Date of donation (2024) | Amount (BTC) | Indicative value at time |
|---|---|---|
| 27 Jul | 0.00018867 | ~£10 |
| 4 Oct | 0.00215408 | ~£102 |
| 5 Oct | 0.00241086 | ~£114 |
| 20 Oct | 0.00042564 | ~£22 |
| 3 Nov | 0.00937445 | ~£499 |
| 29 Nov | 0.00655066 | ~£495 |
| TOTAL | 0.02110436 | ~£1,242 |
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