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Reform UK accepts cryptocurrency donations and unveils digital finance bill

Farage announced the Radom partnership at the Las Vegas Bitcoin Conference, aiming to position London as a leading crypto hub.

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Overview

  • Reform UK is now the first European political party to accept cryptocurrency donations through UK-based payments firm Radom.
  • Donations are processed via Radom’s VASP-licensed infrastructure, with average gifts of about $6,000—over 30 times typical fiat contributions.
  • Farage unveiled a draft Crypto Assets and Digital Finance Bill that the party would enact if it wins the next general election.
  • The proposed legislation seeks to make London a major crypto trading centre and establish a Bitcoin digital reserve at the Bank of England.
  • UK crypto ownership has climbed to around 12% of adults, and Chancellor Rachel Reeves has unveiled plans to regulate digital assets.