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Nigel Farage To Establish Bitcoin Reserve As Potential Next UK Prime Minister

  • Nigel Farage, a potential UK Prime Minister candidate, revealed plans to establish a Bitcoin reserve within the Bank of England if elected during the Bitcoin 2025 conference in Las Vegas.
  • Farage aims to combat 'debanking' by allowing individuals to trade legal crypto without the risk of having their accounts closed, positioning the UK as a leader in the global crypto ecosystem.
  • He criticized past UK governments for lagging in embracing digital finance and emphasized the need for a crypto revolution to bring the country into the 21st century.
  • Farage strongly opposes the development of a British CBDC (Central Bank Digital Currency), citing concerns about government control and surveillance over individuals' financial lives.

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