Donald Trump Said ‘They Call Me The Bitcoin President’ — Is Britain’s Nigel Farage About To Become A ‘Crypto Champion’?

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The race for crypto dominance has entered politics, with U.S. president Donald Trump and Reform U.K.’s leader Nigel Farage both pitching bold visions to make their nations the global hub for digital assets.

Speaking at the Digital Asset Summit in London on Monday, Farage told attendees, “I am your champion,” outlining plans to create a “state-owned Bitcoin reserve” and introduce a new crypto bill to cut capital gains tax and allow taxes to be paid in digital assets.

The proposal would redirect roughly £5 billion ($6.7 billion) worth of seized Bitcoin (CRYPTO: BTC) from criminal cases into a national reserve fund.

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