At a London conference this week, Reform UK leader Nigel Farage cast himself as “your champion” for digital assets and sketched a platform that includes a flat 10% capital gains tax on crypto, creation of a roughly £5 billion state Bitcoin reserve anchored in seized coins, a halt to the Bank of England’s digital pound project, and optional tax payments in crypto. The pitch mirrors three policies associated with Donald Trump’s crypto campaign, including opposition to a central bank digital currency, overt alignment with miners and industry, and White House signaling around digital asset strategy that framed leadership in financial technology as a federal priority. However, the channel is clear in the United States, where policy rhetoric has repeatedly shown up in spot Bitcoin ETF flows that feed demand at scale. The UK policy machine runs on a different clock
source: https://cryptoslate.com/uk-politics-attempts-to-adopt-5b-trump-crypto-script-without-his-levers-or-power/