Nigel Farage Courts UK Crypto Industry with Trump-Style Pitch for Bitcoin Reserve

Nigel Farage has positioned himself as the UK crypto sector’s political champion, pitching plans for a state-owned bitcoin reserve and sweeping tax reforms in a strategy mirroring Donald Trump’s successful cultivation of digital asset industry support.

“When it comes to your industry, when it comes to growth in this industry, then I am your champion,” Farage told attendees at the Digital Asset Summit in London on Monday, according to the Financial Times. “We will effectively bring crypto in from the cold.”

The Reform UK leader is attempting to replicate Trump’s approach of building electoral support from digital asset investors. Trump addressed bitcoin conferences before the 2024 U.S. election and attracted significant crypto…

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