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UK Reform Party leader Farage plans to introduce a "crypto bill"

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2025-05-29 14:09:44
Nigel Farage, leader of the UK Reform Party, will unveil a Trump-style cryptocurrency policy aimed at appealing to young voters at the Bitcoin conference in Las Vegas on Thursday. Mr. Farage has promised to introduce a "crypto bill" to parliament if his party wins the next election, with the goal of turning Britain into a "cryptocurrency powerhouse". The bill's main contents include: slashing the capital gains tax on crypto investments from the current 24% to 10%, establishing a two-year regulatory sandbox to promote innovation in the City of London, and legislating against restricting the use of cryptocurrency payment services.
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