Reform UK embraces Bitcoin donations, Farage promises crypto-friendly policies
Breaking with tradition, Reform UK is embracing cryptocurrency in a move that could transform the country’s approach to digital finance.
Reform UK has become the first British political party to accept donations in Bitcoin, party leader Nigel Farage announced during a cryptocurrency conference in Las Vegas. Farage presented a draft ‘Crypto Assets and Digital Finance Bill’ that he pledged to enact if elected prime minister, promising to spearhead a ‘crypto revolution’ in the UK and declaring that digital assets are ‘here to stay.’
The proposed bill includes significant reforms such as slashing the capital gains tax on cryptocurrencies from 24% to 10% and establishing a Bitcoin digital…
