Nigel Farage Pledges Bitcoin Treasury Reserve and Sweeping Crypto Reforms if Elected
Brexit firebrand turned crypto-champion Nigel Farage just dropped a political bombshell—his party’s manifesto now includes plans to hoard BTC as national reserves and bulldoze regulatory barriers for digital assets.
The move signals a radical shift in mainstream political engagement with crypto—or a desperate gambit to court the degen vote. Either way, Treasury mandarins are already sweating over the volatility implications.
Farage’s blueprint promises fast-tracked legislation to recognize crypto as regulated financial instruments, tax incentives for blockchain firms, and sandboxes for DeFi experimentation. Critics call it reckless; crypto natives hail it as the first serious political recognition of Bitcoin’s reserve currency potential.
One Whitehall insider quipped: ’Next they’ll be replacing the gold in the Bank of England with JPEGs of apes.’ The pound barely budged on the news—apparently forex traders still don’t take campaign promises seriously.