The reform UK Political Party, the leader of Nigel Faraj announced that the group was accepting bitcoin and other cryptocurrency contribution with eligible donors.
Speaking at the Bitcoin 2025 conference in Las Vegas on 29 May, Faraj said that the party started accepting the crypto donation. A blog post from Crypto Payment Provider Radom Said Improvement will use the platform to facilitate donation, which will become the first major group to do so between orthodox and labor parties to have most seats in the UK’s House of Commons.
“(A) Now, we are the first political party in Britain to accept donations in bitcoin and other cryptocurrency,” Faraj said. “We are behind you in America, but so far, people with bitcoins can give us money provided they are eligible.”
Faraj Bitcoin appeared at the conference, discussing his experiences Being banned in UK In 2023, further improvement plans are planned to introduce “Cryptosets and Digital Finance Bills”, if the party wins the government’s control in the next general election in the UK, it was expected before August 2029. The reform UK controls five seats in the House of Commons after the July 2024 election – a significant difference between the 403 seats controlled by the labor and 120 seats.
Plans for UK Bitcoin Reserve
In this program, he was installing a bitcoin in other proposed policies of Ferrej (BTC) Reserve at Bank of England and any plan to introduce the Central Bank Digital Currency (CBDC) in the UK. The reform leader also indicated support for US President Donald Trump’s crypto policies, which appeared at the same conference as his two sons and several supporters.
“Seven million people in the UK have got crypto property, one of the four people under 30 got crypto property,” Faraj said.
Connected: UK FCA Stabeloin requests public comments on Crypto Detention Regulation
https://www.youtube.com/watch?v=jtzg-ijdfwc
In May, UK’s Labor Government Proposed rules in the situation of the country As a “safe port” for innovation such as crypto assets. The proposed structure will have a treatment regulator of crypto exchanges, dealers and agents similar to traditional financial firms in the UK.
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