At the Bitcoin 2025 conference in Las Vegas, Nigel Farage, the leading candidate in the UK’s upcoming general election, announced a plan to establish a Bitcoin reserve within the Bank of England if he assumes office. During a fireside chat with Frank Corva on the event’s third day, Farage revealed groundbreaking details of his vision for the UK’s cryptocurrency future.
In his speech, Farage pointed to the UK’s stagnation in embracing the digital financial revolution. “Seven million people in Britain have got crypto assets. One in four people under 30 have got crypto assets. And yet, our outdated Labour and Conservative governments have done nothing in this space at all.” He framed the potential reforms as a much-needed step to bring the UK into the 21st century, positioning the nation as a leader in the global crypto ecosystem. “We are going to launch, in Britain, a crypto revolution. We’re going to make London one of the major trading centers of the world,” he asserted.
Farage also reflected on the broader international context, particularly the United States’ current stance on crypto. “What this administration has done to embrace this whole area, to give real oxygen and real energy to the whole digital world is nothing short of fantastic,” Farage noted.
The conversation also touched on Farage’s personal experience with “debanking,” a topic that has shaped much of his passion for Bitcoin. Farage, who became a high-profile victim of debanking, explained how he was denied banking services by ten different banks, solely due to his political views and involvement in crypto. “It was a very, very scary experience,” Farage admitted. “But I fought back. I fought back publicly, and I won.”
At press time, BTC traded at $106,293.
