Farage to propose crypto-friendly bill for UK, mirroring Trump’s approach

Nigel Farage, leader of the UK Reform Party, plans to introduce a crypto-friendly bill aimed at making the UK a "crypto powerhouse" if his party wins the next election. According to Bloomberg, the bill includes reducing capital gains tax on crypto investments to 10%, creating a regulatory sandbox for crypto innovation and ensuring the right to use crypto for payments. Farage's proposal mirrors U.S. President Donald Trump's stance on crypto, with both leaders seeking to appeal to younger, crypto-savvy voters. Farage’s party has seen rising support, especially among those aged 18-34.