British populist Nigel Farage has decided that Reform UK is now open for business-specifically, crypto donations. Because nothing says “trust me with your life savings” like a party with five MPs and a penchant for drama.
They’ve already received “a couple” of crypto donations, though they’re keeping the amounts and donors as vague as a Brexit timeline. Classic. It’s like a silent auction, but with fewer chandeliers and more Bitcoin.
Farage, ever the diplomat, clarified that no crypto firms have directly donated to the party. Yet. He did, however, hint at event sponsorships from crypto companies during a recent London conference. Because nothing says “transparency” like a side hustle in sponsored crypto panels.
With five seats in Parliament and poll numbers higher than Keir Starmer’s approval rating, Farage dreams of making the UK a haven for crypto entrepreneurs. Because what the world needs is another jurisdiction where people can lose money faster than a TikTok trend.
When asked if he’s channeling Trump’s crypto-friendly vibes, Farage scoffed. “I was here first!” he declared, proudly noting his 2020 crypto endorsements. Because of course, pre-pandemic Farage was already one step ahead of the algorithm.
He also revealed he personally holds crypto, stating, “I’ve got some in the long term.” A bold move, considering even Warren Buffett admitted he doesn’t understand it. But hey, at least Farage isn’t investing in anything with actual value-like, I don’t know, a functioning healthcare system.
Reform UK’s Crypto Agenda
Farage has positioned himself as the UK’s most enthusiastic crypto cheerleader. Earlier this year, Reform UK became the first British party to accept crypto donations-a groundbreaking move that’s less about innovation and more about dodging scrutiny on campaign finance.
He’s also proposed slashing capital gains tax on crypto from 24% to 10%, banning banks from closing crypto-linked accounts (unless you’re a fraudster, of course), and establishing a Bitcoin reserve at the Bank of England. Because nothing says “economic stability” like storing digital ghosts in a vault.
Farage also took aim at stablecoin ownership limits, calling them “anti-innovation.” Meanwhile, he’s terrified of CBDCs, which he claims are a “total and utter horror.” Because nothing terrifies a populist more than a government-issued digital currency-unless it’s a government with actual power.
The UK’s crypto industry, currently regulated like a game of Whack-a-Mole, has welcomed Reform’s support. After all, who doesn’t want clearer rules and a party that treats financial regulation like a suggestion?
London’s fintech scene is probably just hoping for a break from politicians who think “innovation” means printing more money-or, in this case, minting Bitcoin. Either way, someone’s going to get rich. Probably not you. 😂
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2025-10-23 21:34