Nigel Farage, leader of the Reform UK party, announced that the party is now accepting donations in Bitcoin and other digital currencies from qualified donors.
This came during his participation in the "Bitcoin 2025" conference in Las Vegas on May 29, where Farage clarified that the party has officially begun accepting donations in cryptocurrencies, thus becoming the first major political party in the United Kingdom to adopt this type of donations. He noted that the approved platform for donations will be "Radom", a cryptocurrency payment service provider.
Farage said: "As of now, we are the first political party in Britain that can accept donations in Bitcoin and other digital currencies. We are behind America, but from now on, those who own Bitcoin can donate to us, as long as they are qualified."
Cryptocurrencies, Politics, Donations, UK Government, United Kingdom
Leader of the Reform UK party, Nigel Farage (right), speaking at the Bitcoin 2025 conference. Source: Cointelegraph
During his speech, Farage talked about his personal experience with the banning of his bank accounts in Britain in 2023, and outlined his party's plans to present the "Digital Assets and Finance Act" project if they win power in the upcoming general elections, expected before August 2029.
It is worth noting that the Reform Party holds five seats in the British House of Commons after the July 2024 elections, compared to 403 seats for the Labour Party and 120 seats for the Conservative Party.
Among the proposed policies: a national reserve of Bitcoin.
Farage also proposed the idea of creating a reserve of
BTCUSD
At the Bank of England, he reiterated his opposition to any plan to launch a Central Bank Digital Currency (CBDC) in the United Kingdom. He also expressed support for former President Donald Trump's policies regarding digital currencies, during a conference attended by two of Trump's sons and several of his allies.
He added: "There are seven million people in Britain who own crypto assets, and one in four Britons under thirty owns digital currencies."