Nigel Farage is not only arousing things in British politics. Now he is trying to shake the entire financial system. At the Bitcoin 2025 conference in Las Vegas, the leader of the reform UK dropped a series of proposals that sound more as a cryptographic manifesto than a typical field of the countryside.
It is calling it “encryption resources and digital finance” and is full of bold ideas to make the United Kingdom to Digital resources hubs. The plan includes cryptocurrency sizes, building a national Bitcoin reserve e Banning Banks from the cut only people Because they use crypto.
And just as Farage was waveted in Las Vegas, President Trump accused a fuse at home by announcing new rates on China, increasing pressure on global markets. This background made Farage’s speech felt more timely than it probably expected.
Cut the crypt to 10 percent
Let’s start with the part that attracted everyone’s attention. Farage wants cut TAX ON STARCHES ON CRIPTAGRAPHICAL PROFITS FROM A MAXIMUM OF 24 PERCE below to a 10 percent dish. His reasoning? The current tax configuration only pushes people to avoid reporting or move their money a places with Better rules.
We bring the British economy to the 21st century.
Read the invoice of the cryptoasset and digital finance of reform UK.
https://t.co/5qytuv1p1v pic.twitter.com/pfqdaxhpe
– Nigel Farage MP (@nigel_farage) May 30, 2025
He says it is not about helping the rich taxes on the skirt. It is a matter of making the system easier to follow so that people actually follow it. It is also a signal that the United Kingdom should stop pushing the innovation out of the door and start competing with countries like Portugal, which already treat the crypt.
A bitcoin reserve? You felt good
Farage also float the idea of ​​creating a bitcoin reserve at the Bank of England. It is not something that you feel from many traditional politicians, especially in the United Kingdom. But in his opinion, it makes sense.
He launched it as a modern financial hedge. As soon as Pleases Central banks hold gold, why not keep to little Bitcoin? Countries like El Salvador have already traveled that road. Farage wants Great Britain to be next.
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Take banks
This part came with a little personal fire. Farage recalled when his bank account with Coutts was closed in 2023 and said that thousands of people who deal with Crypto have faced the same treatment.
His bill would make banks illegal to discriminate legal cryptocurrencies users. If your money is clean and your business is legal, banks should not be authorized to block you. He is transforming his experience into politics and this could resonate with an increasing number of voters who have come across the same walls.
Reform UK gets cryptographic treatment
To show that it is serious, Farage has also announced that reform UK is now accepting cryptocurrency donations. Bitcoin, Ethereum, Solana and even USDC are all a right game. Their site is already set to manage it and attach themselves to electoral laws by requiring a complete verification of donors.
Aunt Yusuf, the party president, added that they are exploring the idea of leave People pay taxes crypto And even to create a fund of sovereign wealth supported by digital activities. It is ambitious, but the signal is clear. They are not dealing with Crypto like an expedient. It is cooked in their platform.
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Right moment, right topic?
With Trump accusing China of breaking the commercial agreements and threatening new rates, the markets are already at the limit. The first ghost of Farage has landed in the middle of all That, like more people start To look for alternatives to traditional finance.
Regardless of the fact that the United Kingdom follows or not of all this, the fact that the crypt is now a point of discussion in national politics says a lot. Farage is forcing the conversation and other parties may soon have to answer. Crypto is no longer just for technicians and traders. It is officially on the political menu.
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Nigel Farage presented a vast “cryptocurrency invoice and digital finance” that offers lower taxes, a bitcoin reserve and stronger protections for cryptographic users.
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Wants to cut capital Get the cryptoval tax from 24% to 10%, with the aim of making the United Kingdom more competitive with crypto-friendly nations.
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Farage proposed that the Bank of England holds Bitcoin in reserve, calling it a modern hedge similar to gold.
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The bill would prohibit banks from the closure of accounts based on legal encryption activity, inspired by the banking experience of Farage.
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Reform UK is now accepting cryptocurrency donations, strengthening its commitment to digital resources as a fundamental campaign problem.
The post Farage asks for the Bitcoin reserve and the end of the cryptocurrency prohibitions appeared for the first time on 99 bitcoins.