Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Nigel Farage-Led Reform UK Becomes First European Political Party to Accept Crypto Donations

Nigel Farage-Led Reform UK Becomes First European Political Party to Accept Crypto Donations

CointimeCointime2025/05/30 21:40
By:Cointime

What to know:

  • Reform UK, led by Nigel Farage, is the first European political party to accept cryptocurrency donations.
  • The donations will be processed by Radom, a U.K.-based crypto payments company with VASP licenses.
  • Farage aims to make the U.K. a crypto hub if he becomes the next prime minister.

Reform UK, the U.K. political party led by Nigel Farage, is set to become the first European political party to accept cryptocurrency donations, according to a  blog post .

The donations will be facilitated by Radom, a U.K.-based crypto payments company that has VASP (Virtual Asset Service Provider) licenses for its crypto infrastructure.

The  blog pos t by Radom claims that the average crypto donation is $6,000 -- over 30 times that of a typical fiat contribution.

The move comes after U.S. President  Donald Trump received $18 million  worth of crypto donations leading up to the 2024 presidential election.

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.

Farage was famously  cut off from banking services in 2023 , creating a debate around freedom of banking and the restrictions imposed on those with different political views.

“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.

"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.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Crypto Hacks Drop 39% in May Despite $244M Lost

Crypto hacks caused $244M in losses in May 2025, marking a 39% decline from April's numbers.April Was Worse, But May Still CostlyIndustry Focus on Security Pays Off

Coinomedia2025/06/01 21:56
Crypto Hacks Drop 39% in May Despite $244M Lost

Altcoin Breakout Signals 2017-Level Bull Run Potential

Altcoins break out against US money supply after 2,430 days, showing signs of a major bull run reminiscent of 2017.Why This Breakout MattersWhat Comes Next for Altcoins

Coinomedia2025/06/01 21:56
Altcoin Breakout Signals 2017-Level Bull Run Potential

4 Top Cryptos to Invest in 2025 for Huge Growth: Web3 ai, Solana, Cardano, & AVAX!

Discover top cryptos to invest in 2025 like Web3 ai, Solana, ADA & Avalanche, offering utility, real tools & strong growth beyond hype.Final Thoughts!

Coinomedia2025/06/01 21:56
4 Top Cryptos to Invest in 2025 for Huge Growth: Web3 ai, Solana, Cardano, & AVAX!

TON Mainnet Restored After Minor Validator Fix

TON mainnet resumes block production after a minor fix to masterchain queue error.What Caused the Halt in Block Production?Validator Nodes: The Backbone of Blockchain Stability

Coinomedia2025/06/01 21:56
TON Mainnet Restored After Minor Validator Fix