The leader of the UK Reform Party will propose a cryptocurrency policy plan aimed at making the UK a cryptocurrency powerhouse

ChainCatcher news, according to Bloomberg, Nigel Farage, leader of the Reform Party in the UK, will unveil a cryptocurrency policy plan similar to Donald Trump's style 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, Farage will announce that if the Reform Party wins the next UK election, it will submit a new "Cryptocurrency Bill" to Parliament, aiming to make the UK a "crypto powerhouse."

The bill includes: significantly reducing the capital gains tax on crypto investments from the current 24% to 10%; establishing a two-year regulatory sandbox to assist London’s financial district in crypto innovation; and prohibiting restrictions on services that accept crypto payments, thereby protecting the rights of consumers using cryptocurrencies.