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Evening Standard
Evening Standard
Christopher McKeon

Reform backs cryptocurrency tax cut as party receives first Bitcoin donations

Nigel Farage (Ben Whitley/PA) - (PA Wire)

Reform UK has pledged to cut taxes on cryptocurrencies and set up a “Bitcoin reserve” if elected.

Party chairman Zia Yusuf told reporters on Friday that a Reform government would reduce capital gains tax on assets such as Bitcoin to 10% as part of a raft of reforms to how cryptocurrencies are governed.

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