Nigel Farage Proposes 10% Crypto Tax and Strategic Bitcoin Reserve

2025-11-13 00:16

Nigel Farage of Reform UK has proposed a 10% flat capital gains tax on cryptocurrencies and the creation of a Strategic Bitcoin Reserve. Announced at the Digital Asset Summit 2025, the reserve would be funded with £5 billion from assets seized from criminal activities. Farage criticized central bank digital currencies and restrictive stablecoin regulations, advocating for a supportive crypto environment. The proposal aims to enhance the UK's position in the global crypto market. While the plan awaits reactions from government and regulatory bodies, Reform UK intends to formalize the policy if it secures future electoral victories.

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