Nigel Farage urged the UK to adopt clearer, more pragmatic crypto rules, arguing Britain currently lacks a regulated market for digital assets. Speaking at the Digital Asset Summit 2025, he pushed for sensible regulation, tax relief for crypto investors and frameworks that support builders while protecting consumers.
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Farage calls for “sensible” UK crypto regulation and a regulated market for digital assets.
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He proposes tax cuts for crypto capital gains and has suggested a Bank of England Bitcoin reserve.
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Notably, no major UK party mentioned crypto in the 2024 election manifestos, a missed policy opportunity cited by industry lobbyists.
Nigel Farage crypto regulation: Farage urges sensible UK crypto rules, tax relief and a Bitcoin reserve—read COINOTAG’s report from the Digital Asset Summit 2025.
Published: 2025-06-03 | Updated: 2025-06-03
Author: COINOTAG
How does Nigel Farage propose to change UK crypto regulation?
Nigel Farage crypto regulation proposals center on creating a regulated market for digital assets in the UK, cutting crypto capital gains taxes, and compelling the Bank of England to hold a Bitcoin reserve. He framed these measures as necessary to support investors, builders and to address “debanking” concerns.
What did Farage say at the Digital Asset Summit 2025?
At the Digital Asset Summit 2025 in London, Farage told delegates that Britain currently lacks a regulated crypto market and needs sensible regulation, not the restrictive frameworks applied elsewhere. He criticized the government for inaction despite previous statements by former Prime Minister Rishi Sunak that the UK should be “a global crypto asset technology hub” (Rishi Sunak, 2022). Farage said he would be an advocate for the industry, arguing that clearer rules and tax changes would attract investment and legitimise digital-asset business models.
What industry context and expert views matter?
Industry observers noted that the 2024 UK election manifestos did not include substantive crypto policy, which some lobbyists described as a missed opportunity. Conrad Young, co-founder of UK lobbying firm Athena Technologies, commented in 2024 that the omission was significant for the sector (source: COINOTAG, 2024). Official institutions referenced during the summit include the Bank of England and UK government statements on digital-asset ambition; these remain central to any policy shift.
Frequently Asked Questions
Will Nigel Farage cut crypto capital gains tax if elected?
Farage publicly stated in May 2025 at the Bitcoin 2025 conference that he would slash crypto capital gains taxes if elected, framing tax relief as a mechanism to encourage crypto adoption and investment. Those comments form part of his broader pitch for a crypto-friendly economic framework.
Why does Farage say crypto can solve “debanking”?
Farage argues that decentralised digital assets provide “personal sovereignty” over money and can be an alternative to traditional banks after his account closure at Coutts in 2023. He presented crypto as a solution for those who feel excluded from banking services, echoing similar arguments made by other political figures.
Key Takeaways
- Regulatory gap: Farage asserts the UK has no fully regulated market for crypto and seeks a clearer framework.
- Policy proposals: He advocates for tax cuts on crypto gains and a controversial proposal for a Bank of England Bitcoin reserve.
- Political positioning: Farage is positioning himself as a crypto champion to appeal to investors and builders ahead of potential future elections.
Conclusion
COINOTAG reporting: Nigel Farage has positioned UK crypto regulation as a priority in his public remarks, urging pragmatic rules, tax relief and institutional recognition of digital assets. His proposals amplify long-running industry calls for clarity and support from the Bank of England and government. Policymakers and market participants will watch closely as discussions of regulation, taxation and institutional adoption continue through 2025.
Sources and context (plain text)
Reporting based on remarks made by Nigel Farage at the Digital Asset Summit 2025 in London and his May 2025 comments at Bitcoin 2025. Context and commentary also reference public statements by Rishi Sunak (2022) and industry commentary from Conrad Young of Athena Technologies (2024). Additional institutional context drawn from Bank of England public positions on digital assets and UK government statements on technology hubs.
