PANews reported on May 30 that according to CoinDesk, Nigel Farage, leader of the British Reform Party, announced at the Las Vegas Bitcoin Conference that if elected prime minister, he would promote legislation supporting crypto assets. Its core policies include: establishing Bitcoin reserves at the Bank of England; passing the Crypto Assets and Digital Finance Act, prohibiting banks from closing accounts due to customer participation in crypto activities; reducing the capital gains tax on crypto assets to a uniform 10%; and explicitly opposing the issuance of central bank digital currencies (CBDCs).

Farage declared that "London will become the world's top crypto trading center" and confirmed that the Reform Party will become the first political party in Europe to accept cryptocurrency donations. The latest polls show that the party's support rate continues to rise, but the next general election in the UK is not expected to be held until August 2029. The Reform Party has achieved a breakthrough performance in the local elections in May.