Reform UK leader Nigel Farage has announced that the party is now accepting cryptocurrency donations, positioning it as the first major British political party to take such a step.
Pro-Crypto Push at Bitcoin 2025 Conference
Farage shared the news during his appearance at the Bitcoin 2025 conference in Las Vegas on May 29. He stated that eligible donors can now contribute to Reform UK using Bitcoin and other digital assets. The party is partnering with crypto payment platform Radom to manage these contributions.
“We’re the first political party in Britain that can accept Bitcoin and other cryptocurrencies,” Farage told attendees. “We’re catching up with America, and now people with crypto can support us if they’re eligible.”
This move sets Reform UK apart from the Conservative and Labour parties, which currently dominate the House of Commons but have yet to accept digital currency donations.
A Bold Digital Finance Agenda
During his speech, Farage highlighted personal experiences with being “debanked” in 2023 and laid out his party’s plans to advance digital finance policies. If Reform UK gains control in the next general election—expected before August 2029—the party intends to introduce a “Cryptoassets and Digital Finance Bill.”
Key elements of Reform’s crypto-forward platform include:
- Creating a Bitcoin reserve at the Bank of England.
- Blocking the introduction of a central bank digital currency (CBDC) in the UK.
- Aligning with pro-crypto policies similar to those supported by U.S. President Donald Trump.
Farage emphasized the growing relevance of crypto in the UK, stating, “Seven million people in Britain own crypto assets. One in four people under 30 hold some form of digital currency.”
Regulatory Shifts
This announcement comes as the UK’s Labour government outlines its own crypto policy framework, aimed at making the country a secure hub for digital innovation. The proposal recommends treating crypto exchanges and service providers similarly to traditional financial institutions.
Despite holding only five seats in the House of Commons after the July 2024 election, Reform UK is making headlines with its forward-thinking crypto stance.
