In particular, Ireland is concerned that crypto donations can conceal the identity of a donor and increase the likelihood of dark money entering campaigns via foreign governments.
Likewise triggering hidden agendas and under ground plot financing on who succeeds an election through anonymous donations. Keeping crypto far from financing elections is best approach so as to know who makes every fund which will present the intent of the donors in limelight
When the war started, I was making a prediction that Bitcoin can get a lot of negative exposure if it will become associated with Russia, seems like my prediction is coming true. On the other hand, it's inevitable that the government will want to restrict the unchecked flow of money via Bitcoin, perhaps Russia just catalyzed it.
This negative effect can happen in any country not just Russians alone. Even the most peaceful nation can still choose this form of donation during election sponsorship so as to keep their interest far from the masses.