farage

According to Decrypt, UK Labour MP Phil Brickell has requested the Parliamentary Commissioner for Standards to investigate Reform UK leader Nigel Farage, examining whether he engaged in improper lobbying regarding the Bank of England's cryptocurrency policy after receiving significant financial support from Tether's major investor Christopher Harborne.Reports indicate that Farage privately met with Bank of England Governor Andrew Bailey in September 2025, where he advocated for abandoning the launch of the central bank digital currency "Britcoin" and opposed limits on individual holdings of stablecoins.Christopher Harborne is alleged to hold approximately 12% of Tether's equity and previously provided Farage with an undisclosed personal gift of £5 million, as well as donating around £15 million to Reform UK.

According to CoinDesk, the UK's parliamentary standards watchdog is conducting a formal investigation into Reform UK party leader Nigel Farage for failing to declare a £5 million donation from crypto billionaire Christopher Harborne. Harborne holds a 12% stake in stablecoin issuer Tether. Farage argues that the donation was used to pay for personal security costs and falls within the exemption for disclosure.If found in violation of the code of conduct, Farage could face suspension. A YouGov poll shows Reform UK leading with a 28% support rate, and Farage is expected to become the next Prime Minister. The UK government suspended political crypto donations in March, and this ban will be written into the Representation of the People Act.

The leader of the Reform Party, Farage, has been accused by the opposition of having a conflict of interest. In 2024, he received a personal donation of £5 million from cryptocurrency investor Christopher Harborne, after which the Reform Party proposed a regulatory draft for the cryptocurrency industry, aiming to reduce the stamp duty on cryptocurrency transactions from 24% to 10%, and proposed the establishment of a national Bitcoin reserve and a reduction in capital gains tax on crypto assets.Farage has admitted to receiving the aforementioned donation, and the Reform Party stated that policy-making is unrelated to donors. Additionally, Harborne donated £12 million to the party last year, and cryptocurrency businessman Ben Delo also donated £4 million this year. Farage is currently facing allegations of violating House of Commons rules, which could result in the suspension of his parliamentary status and trigger a by-election in severe cases.

The leader of the Reform Party, Farage, has been accused by the opposition of having a conflict of interest. In 2024, he received a personal donation of £5 million from cryptocurrency investor Christopher Harborne, after which the Reform Party proposed a regulatory draft for the cryptocurrency industry in 2025, aiming to reduce the stamp duty on cryptocurrency transactions from 24% to 10%, and proposed the establishment of a national Bitcoin reserve and a reduction in capital gains tax on crypto assets.Farage has admitted to receiving the aforementioned donation, and the Reform Party stated that policy-making is unrelated to donors. Additionally, Harborne donated £12 million to the party last year, and cryptocurrency businessman Ben Delo also donated £4 million this year. Farage is currently facing allegations of violating House of Commons rules, which could result in his suspension from parliamentary duties and trigger a by-election in severe cases.

According to market news, Nigel Farage, the leader of Reform UK, is facing a parliamentary standards review for receiving an undisclosed grant of approximately £5 million from cryptocurrency billionaire Christopher Harborne. Christopher Harborne resides in Thailand and holds a 12% stake in the stablecoin issuer Tether.Nigel Farage stated that the grant was intended to ensure his personal safety and not for political activities. However, the Conservative Party and the Labour Party accused him of violating the House of Commons rules requiring members to declare earnings received in the 12 months prior to their election, and have requested the parliamentary standards commissioner to investigate. Reform UK responded that the funds are classified as "personal unconditional gifts" that do not need to be declared and are unrelated to elections.The UK government announced in March this year a suspension of political parties receiving cryptocurrency donations to prevent foreign interference. Previously, Christopher Harborne donated £9 million to Reform UK, setting a record for the largest single political donation by a living individual in the UK; BitMEX co-founder Ben Delo also donated £4 million to the party this year.Additionally, Farage himself holds a 6.31% stake in the Bitcoin treasury company Stack BTC.

According to the Financial Times, Christopher Harborne, a billionaire in the crypto industry and a shareholder of the stablecoin issuer Tether, provided approximately £5 million in funding support to UK Member of Parliament Nigel Farage before the 2024 UK elections. Following this, Farage decided to resume his role as the leader of the right-wing UK Reform Party.The report states that Harborne has long been active in the crypto industry and conservative political donations, and he has previously been linked to the Brexit political movement. This large donation has once again brought attention to the influence of crypto capital on UK politics.

According to market news, the UK Liberal Democrats have written to the Financial Conduct Authority (FCA), requesting an investigation into the relationship between Reform UK leader Nigel Farage and the Bitcoin company Stack BTC.The party questions whether Farage's appearance in the company's promotional video, while holding shares in Stack BTC, violates market rules and presents a conflict of interest. Stack BTC recently disclosed that it purchased 37 bitcoins as company reserves, valued at approximately $2.7 million, and Farage holds a 6.31% stake in Stack BTC through his media company. At the same time, the UK government is advancing a proposal to ban political donations in cryptocurrency to prevent external funding from interfering in elections. The FCA stated that it will review the relevant correspondence and respond.

According to Yahoo Finance, Nigel Farage, leader of the Reform Party in the UK, has invested in the London-listed Bitcoin company Stack BTC. Farage purchased 4.3 million shares at 5 pence each through his company Thorn In The Side Ltd, acquiring a 6.31% stake in Stack BTC, valued at £3.4 million. This round of £260,000 funding also attracted cryptocurrency company Blockchain.com as a strategic investor.Stack BTC is chaired by former Chancellor of the Exchequer Kwasi Kwarteng and plans to build a portfolio of UK businesses while holding Bitcoin reserves. Blockchain.com registered as an FCA crypto asset business earlier this year and will collaborate with Stack to develop a Bitcoin reserve strategy. Farage stated that he has long been one of the few political advocates for Bitcoin in the UK, believing that London should become a major global cryptocurrency hub.

ChainCatcher news, UK populist party Reform Party leader Nigel Farage stated that the party has begun accepting donations in the form of cryptocurrency, but denied that this is a replication of U.S. President Trump's cryptocurrency strategy.Farage mentioned that the Reform Party has received several donations in the form of crypto assets, but did not disclose specific details. When asked if there are any crypto asset companies that have become donors, he said, "To my knowledge, no."

ChainCatcher news, according to Blockworks, British politician Nigel Farage announced today at the DAS London event that if his Reform UK party enters the government, it will implement a deregulatory policy in the cryptocurrency sector.Farage's proposed "Crypto Assets and Digital Finance Bill" includes reducing the capital gains tax on cryptocurrencies to 10%, establishing a Bitcoin reserve at the Bank of England, and strengthening restrictions on account closures based on legitimate digital asset activities.This move aims to revive London’s status as a global trading hub in response to the challenges of slowing economic growth and deteriorating government finances in the UK. Current polls show that the Reform UK party leads in support over other parties, including the ruling Labour Party.