Nigel Farage, leader of the Reform UK political party, has made headlines by announcing that the party is now accepting cryptocurrency donations, making it the first major UK political group to do so. The announcement came during his appearance at the Bitcoin 2025 conference in Las Vegas on May 29, 2025.
First UK Party to Embrace Bitcoin Donations
Reform UK partnered with Radom, a crypto payments provider, to allow donations in Bitcoin and other cryptocurrencies.
“We are the first political party in Britain who can accept donations in Bitcoin,” Farage stated proudly at the event.
This move puts Reform UK ahead of traditional parties like Labour and the Conservatives, neither of which currently accept crypto contributions.
Reform UK’s Pro-Crypto Vision
Farage laid out ambitious plans for the crypto sector if Reform UK gains political power:
- Introduction of a “Cryptoassets and Digital Finance Bill”
- Creation of a Bitcoin reserve at the Bank of England
- Firm opposition to a Central Bank Digital Currency (CBDC) in the UK
“Seven million people in Britain have got crypto assets. One in four people under 30 have crypto,” Farage noted, emphasizing the growing adoption among younger demographics.
Reform UK’s Current Position
As of the July 2024 election, Reform UK holds 5 seats in the House of Commons. While small compared to Labour’s 403 and the Conservatives’ 120, Farage’s move could attract younger, tech-savvy voters looking for political parties that support financial innovation.
Support for Trump and US Crypto Policies
Farage also expressed support for Donald Trump’s crypto-friendly stance, noting his alignment with pro-crypto, anti-regulation values. Reform UK’s presence at the same event as Trump’s sons and major crypto influencers underlined this ideological partnership.
Final Thoughts
The decision by Reform UK to accept Bitcoin donations marks a significant milestone in the intersection of politics and digital finance in the UK.
“We’re way behind America, but we’re catching up,” said Farage.
With clear plans for legislation, crypto infrastructure, and freedom from state-controlled currencies, Reform UK positions itself as the go-to party for crypto supporters in the UK.