Blog

Reform UK Party to accept crypto donations


The head of the Reform UK Political Party, Nigel Farage, has announced that the group is receiving Bitcoin and other cryptocurrency contributions from the right donors.

Speaking at the Bitcoin 2025 conference in Las Vegas on May 29, Farage said the party began to receive crypto donations. A blog post from Crypto Payment Provider Radom Says The reform will use the platform to facilitate donations, making it the first major group to do so amid conservatives and labor parties, holding most seats in the UK House of Commons.

“(A) S Today, we are the first political party in Britain to receive donations to Bitcoin and other cryptocurrencies,” Farage said. “We are behind you in America, but for now, people with Bitcoin can give us money if they deserve it.”

Cryptocurrencies, Politics, Donations, UK Government, United Kingdom
Reform UK leader Nigel Farage (right) speaking to Bitcoin 2025. Source: Cointelegraph

Farage appeared at the Bitcoin Conference, discussed his experiences at Being Debanked in the UK In 2023 and the reform plans to introduce a “cryptoassets and digital finance bill” if the party won government control in the next general election in the UK, it is expected before August 2029. The UK reform controls five seats in the House of Commons after the July 2024 election – a significant gap between 403 chairs controlled by the labor and 120 seats between 403 chairs controlled by the labor and 120 chairs of the labor seats and 120 chairs of labor seats and 120 chairs Conservative.

Plans for a UK Bitcoin reserve

Among the other proposed Farage policy in the event established a Bitcoin (Btc) Reserve the Bank of England and oppose any plans to introduce a Central Bank Digital Currency (CBDC) to the UK. The leader of the support reform also signed up for US President Donald Trump’s crypto policies, which appears at the same conference as two of his sons and many supporters.

“Seven million people in Britain got crypto assets, one in four people under 30 got crypto possessions,” Farage said.

Related: UK FCA requests public comments on Stablecoin, crypto keeping regulation

https://www.youtube.com/watch?v=jtzg-Ijdfwc

In May, the UK manufacture government Suggested policies positioning the country as a “safe port” for change such as crypto assets. The proposed framework will have regulators to treat crypto exchanges, sellers, and agents similar to traditional financial companies in the UK.

Magazine: Coinbase Hack shows the law probably won’t protect you: here’s why