Reform UK is going crypto — and not just for donations.
Nigel Farage, leader of the Reform UK political party, announced at the Bitcoin 2025 conference in Las Vegas that the party now accepts Bitcoin and other crypto donations, becoming the first major UK political group to do so.
“We are the first political party in Britain who can accept donations in Bitcoin,” said Farage. “We’re way behind America, but we’re catching up.”
The announcement, made on May 29, was supported by crypto payments platform Radom, which is helping process donations. This marks a significant move in British politics, where major parties like Labour and the Conservatives have not yet embraced crypto contributions.
A Pro-Bitcoin Agenda
Farage’s appearance at the conference wasn’t just about donations. He revealed several bold policy proposals aimed at making the UK a pro-crypto nation, including:
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A Cryptoassets and Digital Finance Bill
If Reform UK wins in the next general election, Farage pledged to introduce a bill to support innovation and regulation in the crypto space. -
A Bitcoin Reserve for the UK
Farage proposed establishing a Bitcoin reserve at the Bank of England, echoing pro-Bitcoin policies floated by U.S. politicians. -
No to CBDCs
He strongly opposed the creation of a central bank digital currency (CBDC) in the UK, claiming it would threaten financial freedom.
These policies mirror those of former U.S. President Donald Trump, who has openly supported crypto and appeared at the same event alongside two of his sons.
Why This Matters
Reform UK currently holds just five seats in Parliament — a fraction compared to Labour’s 403 and the Conservatives’ 120. Still, Farage’s pro-crypto platform could appeal to Britain’s growing crypto demographic.
“Seven million people in Britain have got crypto assets,” Farage said. “One in four people under 30 owns crypto.”
By targeting young voters and tech-savvy entrepreneurs, Reform UK could carve out a unique niche in UK politics — especially if mainstream parties continue to drag their feet on digital asset adoption.
UK’s Evolving Crypto Landscape
Farage’s announcements come amid broader shifts in the UK’s crypto regulatory climate. In May, the Labour-led government proposed rules to make the UK a “safe harbor” for crypto innovation, aiming to regulate exchanges and custodians similarly to traditional financial institutions.
With both government and fringe parties acknowledging the crypto wave, the UK may be heading toward a more blockchain-friendly future — no matter who wins the next election.
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