Particle.news

Download on the App Store

Reform UK becomes first British party to accept cryptocurrency donations

The plan promises a 10% capital gains rate on cryptocurrencies.

Image
Nigel Farage bitcoin britain UK United Kingdom debanking Bitcoin reserve uk crypto policy Bitcoin 2025
Image

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.