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š¬š§ Reform UK Leader Announces Crypto-Supporting Bill
Nigel Farage, leader of Reform UK, has announced plans to push for a Crypto Assets and Digital Finance Bill if victorious in the upcoming general election.
ā The bill proposes a 10% capital gains tax on crypto
ā Establishes a Bitcoin reserve fund at the Bank of England
ā Bans banks from closing accounts due to lawful crypto transactions
Farage highlighted that over 7 million Britons own crypto, yet the current government remains detached from this trend. He pledged to bring crypto into the mainstream of UK finance.
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