Reform to Launch Gamechanging ‘Strategic Crypto Reserve’ in Digital Assets Bill – Guido Fawkes

Reform to Launch Gamechanging ‘Strategic Crypto Reserve’ in Digital Assets Bill

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Reform chairman Zia Yusuf has just completed a briefing on the party’s new Cryptoassets and Digital Finance Bill. Farage was in Las Vegas last night to announce a raft of policies aimed at the substantial bloc of UK crypto enthusiasts…

The bill will cut capital gains tax on crypto assets to 10% and prevent debanking of crypto asset holders. Reform says it will do more once in power:

• Tax payments to be allowed in crypto.
• National crypto reserve fund to be founded, starting with Bitcoin. The strategic reserve will be funded through seized crypto assets, followed by tax revenue…
• Reform sees Bitcoin as modern equivalent of gold.
• Central Bank Digital Currencies are authoritarian and will not be pursued.

Reform says it believes open crypto policies will successfully target young disenfranchised and entrepreneurial voters whose interest in digital assets is much higher than currently reported. No other party is bothering to target that vote…

The party also says it will not launch a Farage-Coin a la Trump. Meanwhile the entire UK media – which does not understand crypto – has just run on the line that Farage is doing a Trump-style pivot and his party will be accepting crypto donations. Starmer in his panicked speech yesterday attacked Farage for being at a crypto conference to announce his policies. While the PM spent his day in St. Helens complaining about the leader of a party with five MPs…

Read the full bill below: