Reform UK unveils crypto asset bill..."Aiming to become a crypto powerhouse"

Reform UK has presented a roadmap to turn the United Kingdom into a 'crypto powerhouse.'

According to Forsv. on the 30th (local time), Nigel Farage, leader of Reform UK, attended the 'Bitcoin 2025' conference held in Las Vegas, United States, where he unveiled the draft of the Crypto Assets and Digital Finance Bill and stated, "We will make London the world’s largest crypto trading hub."

The bill includes: ▲ A 10% reduction in capital gains tax on crypto asset investments ▲ Establishment of Bitcoin reserves by the Bank of England ▲ Prohibition of actions closing crypto asset accounts. Farage stated, "We are sincere, and this is just the beginning," adding that Reform UK also plans to officially accept crypto asset donations.

Farage also pointed out, "There are already 7 million crypto asset holders in the UK, and among those under 30, one in four owns crypto assets," criticizing that the Conservative Party and Labour Party have made no preparations in this field.