TechFlow news, May 29 — According to Bloomberg, UK Reform Party leader Nigel Farage will announce a Trump-style cryptocurrency policy this Thursday at the Bitcoin Conference in Las Vegas, aiming to attract young voters. Farage pledged that if his party wins the next election, it will introduce a "Crypto Bill" to Parliament with the goal of transforming the UK into a "crypto powerhouse." Key provisions of the bill include slashing capital gains tax on crypto investments from the current 24% down to 10%, establishing a two-year regulatory sandbox to foster innovation in the City of London, and legislating to prohibit restrictions on public access to cryptocurrency payment services.
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