Overview
- Reform UK will start accepting donations in Bitcoin, Ethereum, Solana and USDC to court digital asset investors.
- A new Cryptoassets and Digital Finance Bill aims to position London as a leading global centre for trading in digital assets.
- If elected, the party has pledged to allow tax payments in Bitcoin alongside slashing crypto capital gains taxes from up to 24% down to 10%.
- Nigel Farage proposes creating a sovereign Bitcoin reserve fund so taxpayers can share in any future price gains.
- Financial crime experts warn that anonymous crypto donations could create loopholes for untraceable political funding.