According to PANews, Nigel Farage, leader of the Reform Party in the UK, announced at the Bitcoin conference in Las Vegas that he would promote a 'crypto bill' if in power. The bill aims to reduce the capital gains tax on crypto investments from 24% to 10%, establish a two-year regulatory sandbox, and prohibit restrictions on crypto payment services.
This move aims to attract crypto-friendly voters aged 18-34, aligning with Trump-style crypto positions. Currently, the Reform Party's polling has surpassed that of the ruling Labour Party. Farage stated that cryptocurrency is a peaceful resistance to 'government central control', opposing the Bank of England's proposed CBDC 'Britcoin'.
