Reform Britain Party leader Farage promises to promote cryptocurrency deregulation
2025-10-13 13:51:12
British politician Nigel Farage announced at the DAS London event today (October 13, 2025) that he will pursue deregulation policies in the cryptocurrency sector if his Reform Britain Party enters the government. Farage's proposed "Crypto Assets and Digital Finance Bill" includes reducing cryptocurrency capital gains tax to 10%, establishing bitcoin reserves at the Bank of England, and strengthening restrictions on account closures based on legitimate digital asset activities. The move is aimed at reviving London's position as a global trading hub and countering the challenges of slowing economic growth in the UK and deteriorating government finances. Current polls show that the Reform Britain Party is ahead of other parties, including the ruling Labour Party.
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