Farage Calls for Bitcoin Reserve and an End to Crypto Bank Bans

Nigel Farage isn’t just stirring things up in British politics anymore. Now he’s trying to shake up the entire financial system. At the Bitcoin 2025 conference in Las Vegas, the Reform UK leader dropped a set of proposals that sound more like a crypto manifesto than a typical campaign pitch. He’s calling it the “Crypto.. The post Farage Calls for Bitcoin Reserve and an End to Crypto Bank Bans appeared first on 99Bitcoins.

May 31, 2025 - 10:01
 0  0

Nigel Farage isn’t just stirring things up in British politics anymore. Now he’s trying to shake up the entire financial system. At the Bitcoin 2025 conference in Las Vegas, the Reform UK leader dropped a set of proposals that sound more like a crypto manifesto than a typical campaign pitch.

He’s calling it the “Crypto Assets and Digital Finance Bill,” and it’s packed with bold ideas to make the UK a digital asset hub. The plan includes slashing crypto taxes, building a national Bitcoin reserve, and banning banks from cutting off people just because they use crypto.

And just as Farage was making waves in Vegas, President Trump lit a fuse back home by announcing new tariffs on China, turning up the pressure on global markets. That backdrop made Farage’s speech feel more timely than anyone probably expected.

Slashing Crypto Tax to 10 Percent

Let’s start with the part that grabbed everyone’s attention. Farage wants to cut capital gains tax on crypto profits from as high as 24 percent down to a flat 10 percent. His reasoning? The current tax setup just pushes people to avoid reporting or move their money to places with better rules.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow