Reform UK leader Nigel Farage has put Bitcoin at the center of his political campaign, which is a big change from the way most people think about money. Farage spoke at the Bitcoin 2025 Conference in Las Vegas and presented an ambitious plan to establish the UK as a global center for digital assets.
His “Crypto Assets and Digital Finance Bill” is one of the most pro-crypto bills ever put forward by a major British politician. The bill calls for the Bank of England to set up a Bitcoin reserve, lower capital gains taxes on crypto investments, and make it illegal to debank legal crypto users.
Farage’s Economic Revolution: From Brexit to Bitcoin
Nigel Farage previously gained recognition as the spokesperson for Brexit. Now he is trying to be the leader of a digital financial revolution. Farage said on stage, with Bitcoin bulls and blockchain supporters on either side of him, “The United Kingdom must embrace innovation or risk being left behind.”
The idea of a Bitcoin reserve is similar to that of a strategic digital reserve, which countries like El Salvador have recently looked into and have talked about in U.S. crypto circles. Farage stressed that keeping Bitcoin as a national reserve asset could protect the UK from fiat devaluation and put the country in line with the future of monetary sovereignty.
He also promised to cut the capital gains tax on crypto profits from 24% to 10%. This move is likely to draw in both retail and institutional traders.
Fighting financial censorship and accepting donations in crypto
Another important part of the bill deals with what Farage calls “financial censorship.” He wants to make sure that banks can’t close accounts just because they use crypto. This has hurt a lot of legitimate UK crypto investors and businesses.
Reform UK has already started taking political donations in Bitcoin, making it the first UK party to do so. The move shows how serious they are about their cause. This strategy might work with younger voters, since a recent FCA report says that more than 25% of Brits under 30 own or have traded crypto.
Is it possible for the UK to lead the crypto renaissance?
Farage’s move is more than just a campaign gimmick; it shows a larger shift in ideas toward digital independence. This push for crypto inclusion is similar to the post-Brexit call for sovereignty. It is part of a global trend to use blockchain as a financial firewall against inflation, centralization, and surveillance.
Britain could become a leader in digital finance, like Switzerland and Singapore, if the bill passes and the election goes well. Voter support, clear rules, and cooperation from other countries will all be important for success, though.
One thing is for sure, though: Nigel Farage is now part of the crypto conversation, and he’s not just here to guess. He is here to make laws.
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