Citing TheCCPress, Nigel Farage of Reform UK proposed a policy at the Digital Asset Summit 2025 to implement a 10% flat capital gains tax on cryptocurrencies and establish a Strategic Bitcoin Reserve. The reserve would be funded with £5 billion in assets seized from criminal activities. Farage criticized central bank digital currencies and restrictive stablecoin regulations, emphasizing his support for the crypto industry. The proposal aims to position the UK as a key player in the crypto market, though reactions from government and regulatory bodies remain pending. Reform UK plans to formalize the policy if it wins future elections.
UK's Nigel Farage Proposes 10% Crypto Tax and Strategic Bitcoin Reserve
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