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.