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Leader of the UK’s Reform Party Vows Crypto Revolution in UK

  • Leader of the UK's Reform Party, Farage, vows to introduce a Crypto Assets and Digital Finance Bill if elected Prime Minister.
  • Proposed reforms include establishing a Bitcoin digital reserve in the Bank of England, reducing capital gains tax on crypto profits, and providing legal protections for bank account closures related to crypto dealings.
  • Farage criticizes current political inaction and aims to lead a crypto revolution, citing 7 million Britons holding crypto assets and the need for modernization.
  • Reform Party eyes a major global crypto trading center in London if they secure power, inspired by the pro-crypto stance of the Trump administration in the US.

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