What to know:
- Reform UK, led by the one and only Nigel Farage, is the first European political party to accept cryptocurrency donations. Yes, you heard that right! 💸
- The donations will be processed by Radom, a U.K.-based crypto payments company with VASP licenses. Sounds fancy, right? 🤓
- Farage aims to make the U.K. a crypto hub if he becomes the next prime minister. Because why not? 🚀
Reform UK, the political party that’s like a sitcom waiting to happen, is set to become the first European political party to accept cryptocurrency donations. According to a blog post that probably had a few laughs along the way!
The donations will be facilitated by Radom, a U.K.-based crypto payments company that has VASP (Virtual Asset Service Provider) licenses. They’re like the bouncers of the crypto club! 🍸
Radom claims that the average crypto donation is $6,000—over 30 times that of a typical fiat contribution. Talk about a generous tip! 💰
This move comes after U.S. President Donald Trump received $18 million worth of crypto donations leading up to the 2024 presidential election. I guess money really does talk! 💬
Nigel Farage also announced that he would follow Trump’s lead in making the U.K. a “crypto hub” if he becomes the next prime minister. Because who doesn’t want to be the king of crypto? 👑
Farage was famously cut off from banking services in 2023, sparking a debate around freedom of banking and the restrictions imposed on those with different political views. It’s like a political game of musical chairs! 🎶
“We’re excited to be working with Reform UK on this initiative. We appreciate Nigel Farage’s efforts in drawing attention to the issue of debanking in the UK, and we’re pleased to see a major political party embrace crypto,” said Radom CEO Chris Wilson. Sounds like a match made in crypto heaven! 😇
“We hope this encourages broader adoption in the UK and helps drive progress toward clearer regulatory frameworks—something that we see as vital for sustainable industry growth.” Because who doesn’t love a little regulation with their crypto? 📈
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2025-05-29 20:43