Reform UK Accepts Bitcoin Donations First in Britain

Reform UK, led by Nigel Farage, has made a notable announcement by becoming the first political party in Britain to accept donations in Bitcoin and other cryptocurrencies. This decision was revealed during Farage's speech at the Bitcoin 2025 conference in Las Vegas on May 29. The party will utilize the crypto payments platform Radom to facilitate these donations, marking a significant shift in its fundraising strategy.

Farage highlighted the party's pioneering role in this area, stating, “As of now, we are the first political party in Britain who can accept donations in Bitcoin and other cryptocurrencies.” This move is part of a broader effort to modernize the party's approach to digital assets and to align with the growing trend of cryptocurrency adoption. By embracing cryptocurrency donations, Reform UK aims to attract a new demographic of supporters who are invested in the digital asset space.

The decision to accept crypto donations is not just about financial support; it is also about sending a clear message to the public about the party's stance on digital currencies. Farage has been vocal about his support for cryptocurrencies, advocating for their integration into mainstream financial systems. He has previously called for legislation that would prevent banks from debanking customers who use and trade in cryptocurrency, further underscoring his commitment to this cause.

During his speech, Farage also discussed his experiences with being debanked in the UK in 2023 and Reform’s plans to introduce a “Cryptoassets and Digital Finance Bill” if the party wins control of government in the next general election in the UK, expected before August 2029. Reform UK currently controls five seats in the House of Commons, a significant gap behind the 403 seats controlled by Labour and 120 seats by the Conservatives.

Farage's proposed policies include establishing a Bitcoin (BTC) reserve at the Bank of England and opposing any plans to introduce a central bank digital currency (CBDC) in the UK. He also signaled support for US President Donald Trump’s crypto policies, appearing at the same conference as two of his sons and many supporters. Farage noted that seven million people in Britain have crypto assets, with one in four people under 30 owning digital assets.

This move by Reform UK is likely to have broader implications for the political landscape in Britain. As the party gains momentum in British polls, its acceptance of crypto donations could set a precedent for other political entities to follow suit. It remains to be seen how this will impact the party's fundraising efforts and its overall strategy moving forward. However, one thing is clear: Reform UK is taking a bold step towards embracing the future of digital finance.