Nigel Farage has announced that Reform UK will now accept political donations in bitcoin and other cryptocurrencies, making it the first party in the UK to do so.
Speaking at the Bitcoin Conference in Las Vegas, where he was introduced on stage as a “UK presidential candidate”, Farage declared:
“As of now, provided you are an eligible UK donor… we are the first political party in Britain that can accept donations in bitcoin and other cryptocurrencies.”
The move is part of a broader push by Reform UK to align itself with the digital finance revolution. Farage also unveiled plans for a sweeping Cryptoassets and Digital Finance Bill, which he said would position the UK as a global “crypto powerhouse.”
Farage framed the initiative as a fight for financial freedom and innovation, saying the bill would end the discrimination crypto users often face from traditional financial institutions.
On Thursday, Reform UK’s website was updated to support crypto donations. A disclaimer makes clear that all contributions must comply with Electoral Commission rules — including a strict ban on anonymous donations.
Farage hailed the move as “innovative” and praised the United States for being “ahead” of the UK in embracing digital finance. He positioned crypto adoption as a generational issue and called on younger voters to get involved:
“My message to the British public, and particularly to young people, is to help us help you bring our country properly into the 21st century. Let’s recognise that crypto and digital assets are here to stay.”
The announcement is part of a broader digital finance push by Reform UK. Farage also outlined a proposed Cryptoassets and Digital Finance Bill, which would:
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Cut capital gains tax on crypto from 24% to 10%
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Establish a bitcoin digital reserve at the Bank of England
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Make it illegal for banks to debank customers solely for using or trading crypto
Farage said the plan would transform the UK into a “crypto powerhouse”, offering greater financial freedom and ending discrimination against digital asset users.
