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Reform UK to accept donations via bitcoin
Fromage jumping hard onto the Crypto bandwagon. A serious red flag for any political movement and proof positive that we need better regulation of how political parties are funded.
https://www.theguardian.com/politics/2025/may/29/reform-uk-to-accept-donations-via-bitcoin-nigel-farage-says
Reform UK will accept donations through bitcoin and other cryptocurrencies, Nigel Farage has announced.
During an appearance at the Bitcoin Conference in Las Vegas, where he was introduced as a “UK presidential candidate”, Farage said: “As of now, provided you are an eligible UK donor … we are the first political party in Britain that can accept donations in bitcoin and other cryptocurrencies.”
He said Reform was planning to introduce a cryptoassets and digital finance bill. This would cut capital gains tax on cryptoassets from 24% to 10%, turning the UK into a “crypto powerhouse”, he said. Farage added that the crypto legislation that his party had drawn up would include a “bitcoin digital reserve in the Bank of England”.
Farage said the bill would make it illegal for banks to debank customers who use and trade in cryptocurrency.
During an appearance at the Bitcoin Conference in Las Vegas, where he was introduced as a “UK presidential candidate”, Farage said: “As of now, provided you are an eligible UK donor … we are the first political party in Britain that can accept donations in bitcoin and other cryptocurrencies.”
He said Reform was planning to introduce a cryptoassets and digital finance bill. This would cut capital gains tax on cryptoassets from 24% to 10%, turning the UK into a “crypto powerhouse”, he said. Farage added that the crypto legislation that his party had drawn up would include a “bitcoin digital reserve in the Bank of England”.
Farage said the bill would make it illegal for banks to debank customers who use and trade in cryptocurrency.