UK politics attempts to copy £5B Trump crypto script, without his levers or power

**UK's Reform Party Unveils Ambitious £5 Billion Bitcoin Reserve Strategy Following Trump's Crypto Playbook**

Reform UK leader Nigel Farage announced a groundbreaking cryptocurrency policy framework at a London conference, positioning himself as a digital assets advocate while outlining plans to establish a massive £5 billion state Bitcoin reserve. The ambitious proposal includes implementing a competitive 10% flat capital gains tax on cryptocurrency transactions and utilizing seized Bitcoin holdings to anchor the national reserve fund.

Farage's crypto-friendly agenda directly challenges the Bank of England's central bank digital currency (CBDC) initiatives, proposing to halt development of the digital pound in favor of decentralized blockchain technologies. This strategic pivot mirrors recent political trends embracing Bitcoin and cryptocurrency adoption as economic policy tools.

The Reform UK cryptocurrency platform represents a significant shift in British digital asset regulation, potentially attracting crypto investors and blockchain companies to the UK market. However, unlike similar proposals elsewhere, the party faces challenges implementing such policies without substantial parliamentary power or established regulatory frameworks.

This development signals growing political momentum behind cryptocurrency integration into national economic strategies, potentially impacting Bitcoin prices and UK fintech sector growth as traditional political parties reassess their digital asset positions.