TechFlow reported on January 22 that, according to Bloomberg, UK Reform Party leader Nigel Farage shared his views at the World Economic Forum in Davos on topics including the British economy, taxation, and cryptocurrency markets. Farage stated that the UK is falling behind other regions globally in cryptocurrency and crypto trading, criticizing the Financial Conduct Authority (FCA) and the Bank of England for their lack of interest. He specifically referenced Bank of England Governor Andrew Bailey's recent proposal to limit individuals' holdings of stablecoins, arguing that the UK needs more innovative regulatory approaches. Farage also revealed that the Reform Party has put forward a "Digital Assets and Cryptocurrency Bill."
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