{"id":1415,"date":"2025-05-29T16:10:51","date_gmt":"2025-05-29T16:10:51","guid":{"rendered":"https:\/\/bitunikey.com\/news\/uks-farage-push-trump-like-crypto-policy-to-make-britain-a-crypto-powerhouse\/"},"modified":"2025-05-29T16:10:53","modified_gmt":"2025-05-29T16:10:53","slug":"uks-farage-push-trump-like-crypto-policy-to-make-britain-a-crypto-powerhouse","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/uks-farage-push-trump-like-crypto-policy-to-make-britain-a-crypto-powerhouse\/","title":{"rendered":"UK\u2019s Farage push Trump-like crypto policy to make Britain a \u2018crypto powerhouse\u2019"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">UK Reform Party leader Nigel Farage is unveiling a Trump-style crypto reform plan aimed at making the UK a global crypto powerhouse.<\/p>\n<p>Nigel Farage is betting big on crypto. At the Bitcoin 2025 conference in Las Vegas, the Reform UK leader will announce a bold legislative proposal to make Britain a \u201ccrypto powerhouse\u201d \u2014 a move aimed squarely at younger voters and digital asset enthusiasts, according to Bloomberg <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-29\/reform-s-farage-sets-out-trump-style-bid-to-make-uk-a-crypto-hub\" target=\"_blank\">reporting<\/a>.\u00a0<\/p>\n<p>The bill, which Farage says is ready to be introduced if his party wins power, includes slashing capital gains tax on crypto investments from 24% to 10%, creating a two-year regulatory sandbox for crypto firms in the City of London, and banning financial discrimination against crypto users.\u00a0<\/p>\n<p>Reform says this is the first fully drafted bill it has released, signaling the party\u2019s intent to broaden its policy credentials ahead of the next general election.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Following Donald Trump\u2019s lead?\u00a0<\/h2>\n<p>Farage\u2019s initiative mirrors U.S. President Donald Trump\u2019s recent pro-crypto pivot.\u00a0<\/p>\n<p>Trump has embraced digital assets to energize younger voters, with his son Eric recently declaring support for Bitcoin (BTC) as a way to disrupt the traditional banking system.\u00a0<\/p>\n<p>Farage, a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/time.com\/7281644\/trump-influence-local-elections-england-nigel-farage-maga-rallies-slogans\/\" target=\"_blank\">longtime ally<\/a> of Trump, appears to be following the same playbook \u2014 framing crypto as a form of financial self-sovereignty and rebellion against central control.<\/p>\n<p>Farage\u2019s crypto past includes <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fnlondon.com\/articles\/nigel-farage-calls-for-uk-crypto-push-as-reform-campaign-kicks-off-7e5fdfb4\" target=\"_blank\">promoting<\/a> digital assets through a now-defunct investment newsletter, and he\u2019s been vocal in opposing central bank digital currencies like the Bank of England\u2019s proposed \u201cBritcoin.\u201d\u00a0<\/p>\n<p>He calls Bitcoin a \u201cpeaceful revolt\u201d against inflation and surveillance, per Bloomberg.<\/p>\n<p>Labour leader Keir Starmer criticized the move Thursday, likening Farage\u2019s platform to the failed economic policies of Liz Truss. Still, Reform UK is gaining traction in the polls and outperformed Labour in recent local elections.<\/p>\n<p>The party will present the full bill to journalists Friday morning in London, marking its most serious policy rollout yet.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>UK Reform Party leader Nigel Farage is unveiling a Trump-style crypto reform plan aimed at making the UK a global crypto powerhouse. Nigel Farage is betting big on crypto. At&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1415"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1415\/revisions"}],"predecessor-version":[{"id":1417,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1415\/revisions\/1417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1416"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}