Reform UK, led by Nigel Farage, has made history by becoming the first political party in Britain to accept donations in Bitcoin and other cryptocurrencies. During a conference in Las Vegas, Farage highlighted the party's new donation policy aimed at engaging young voters and embracing digital assets. He announced a proposed Cryptoassets and Digital Finance Bill to reduce capital gains tax on cryptocurrencies and promised protections against banks that refuse service to crypto users. Farage criticized past government efforts, expressing a vision of the UK as a global 'crypto powerhouse'.
"My message to the British public, and particularly to young people, is to help us to help you bring our country properly into the 21st century," he said.
"Let's recognise that crypto and digital assets are here to stay." Farage emphasized the necessity of adapting to new financial realities.
"Rishi Sunak, when he was briefly prime minister, made one speech about crypto and how London used to be a global financial centre. One speech and nothing else." Discussing past government inaction.
"We have 25 men and women in cabinet and not a single one of them has worked in private business." Criticism of the Labour government's lack of business experience.
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