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The leader of the Reform Party in the UK will propose a monetary policy plan for Crypto Assets, aiming to make the UK a stronghold for encryption.
According to ChainCatcher news and Bloomberg, Nigel Farage, the leader of the Reform Party in the UK, will unveil a cryptocurrency policy plan similar to Donald Trump's at the Bitcoin conference in Las Vegas this Thursday evening, in an attempt to attract more support from young British voters. According to the speech content disclosed in advance by the Reform Party of the UK, Farage will announce that if the Reform Party wins in the next UK election, a new "Crypto Assets Bill" will be submitted to Parliament, aimed at making the UK a "crypto superpower." The bill includes: significantly reducing the capital gains tax on crypto assets from the current 24% to 10%; establishing a two-year regulatory sandbox to assist the City of London in crypto innovation; and prohibiting restrictions on services that accept crypto payments, thereby protecting the rights of consumers using crypto assets.