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Reform U.K. Launches Pro-Bitcoin Plan With Major Tax Changes

  • Reform U.K. has proposed a bill to reduce capital gains tax on cryptocurrencies.
  • The bill includes plans to create a national Bitcoin reserve fund.
  • Reform U.K. wants tax payments to be allowed in Bitcoin, with options to convert or hold the funds.
  • Reform U.K. releases a digital finance bill to promote Bitcoin adoption and cut capital gains tax on cryptocurrencies, aiming to attract global crypto businesses and increase tax revenue.

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