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Nigel Farage promises a UK bitcoin reserve and crypto tax cuts.
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Reform UK would outlaw debanking for legal crypto use.
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Farage aims to make the UK a global crypto hub.
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Reform is now the first UK party to accept crypto donations.
A Bold Crypto Plan from the Reform Leader
At the Bitcoin 2025 conference in Las Vegas, Nigel Farage pledged sweeping pro-crypto reforms if his Reform party comes to power. His plan includes launching a UK bitcoin reserve via the Bank of England, slashing capital gains tax on crypto to 10%, and making it illegal to close bank accounts for lawful crypto usage.
Farage Takes Aim at the Status Quo
Calling out the Labour and Conservative parties for ignoring the crypto sector, Farage said, “We’re going to launch a crypto revolution and make London a major trading center.” He pointed to polling that shows Reform trailing only Labour in voter intent and emphasized his commitment to national and individual sovereignty through Bitcoin.
Opposing a CBDC, Embracing Donations
Farage reiterated his opposition to central bank digital currencies (CBDCs), calling them “the ultimate form of tyranny.” He also revealed that Reform is now accepting donations in Bitcoin and other cryptocurrencies, making it the first UK political party to do so.
Looking Ahead to the Next Election
While a general election may not happen before 2029, Farage believes his current influence can reshape public debate and policy. “The People's Army of those who want real change is growing,” he said. Whether or not Reform wins power, Farage is pushing to put crypto policy at the center of the national conversation.
