UNITEL Kingdom Reform Nigel Farage today promised to approve friendly legislation with cryptography and establish a bitcoin
Reserve at the Bank of England if it enters the government.
“We have gathered … the Digital Assets and Finance bill of Crypto.
“We are going to launch, in Great Britain, a cryptographic revolution. We are going to make London one of the world’s main shopping centers. We are serious mortal,” Farage added.
The legislation will prohibit banks from relying customers to interact with cryptography, Farage said. He also talked about the implementation of a capital gains tax of 10% of cryptography assets, arguing that “if taxes are reasonable, people will pay them.” He argued against the implementation of a digital currency of the British Central Bank (CBDC) as well.
Reform UK has been ascending in recently British surveys; The party also served in local elections in early May. However, the next general election is scheduled for August 2029.
The party announced Thursday that it would become the first European political party to accept cryptographic donations.
