The reform UK Political Party, the leader of Nigel Faraj announced that the group was accepting bitcoin and other cryptocurrency contribution with eligible donors.
Speaking at the Bitcoin 2025 conference in Las Vegas on 29 May, Faraj said that the party started accepting the crypto donation. A blog post from Crypto Payment Provider Radom Said Improvement will use the platform to facilitate donation, which will become the first major group to do so between orthodox and labor parties to have most seats in the UK’s House of Commons.
,[A]Now, we are the first political party in Britain to accept donations in bitcoin and other cryptocurrency, “Faraj said.” We are behind you in America, but so far, people with bitcoins can give us money provided they are eligible. ,
The farage appeared at the bitcoin conference, discussing its experiences in the UK in 2023, and the plan of reform is planned to introduce “Cryptocates and Digital Finance Bills”, if the party wins the government’s control in the next general election in the UK, before August 2029.
Plans for UK Bitcoin Reserve
In the event, other proposed policies of Ferrej were setting up a bitcoin (BTC) reserve in Bank of England and opposing any scheme to start a central bank Digital Currency (CBDC) in the UK. The reform leader also indicated support for US President Donald Trump’s crypto policies, which appeared at the same conference as his two sons and several supporters.
“Seven million people in the UK have got crypto property, one of the four people under 30 got crypto property,” Faraj said.
Connected: UK FCA Stabeloin requests public comments on Crypto Detention Regulation
https://www.youtube.com/watch?v=jtzg-ijdfwc
In May, the UK labor government proposed rules that place the country as a “safe port” for innovation such as crypto assets. The proposed structure will have a treatment regulator of crypto exchanges, dealers and agents similar to traditional financial firms in the UK.
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