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Nigel Farage believes Bitcoin is the real deal, calling it scarce, secure, and impossible to inflate. Unlike regular money, he says, Bitcoin can’t just be printed into worthlessness. He’s even following Trump’s lead by bringing crypto into his campaign.
JUST IN: 🇬🇧 UK Reform leader Nigel Farage promises to create a Bitcoin Reserve if elected Prime Minister.
"Bitcoin is scarce, secure and impossible to inflate away. Unlike paper money, Bitcoin cannot be printed into worthlessness." pic.twitter.com/IzPGa9HF7t
— Watcher.Guru (@WatcherGuru) November 12, 2025
That’s a sharp contrast to the UK’s current stance, which remains overly cautious and heavy on regulation. According to Bitbo, the UK government holds around 61,245 BTC. Most of it is coming from seized or forfeited assets rather than actual strategic buys.
That’s pretty small compared to the big players. The U.S. government holds about 198,000 BTC, and China is sitting on more than 190,000 BTC.
Nigel Farage Becoming the UK’s Version of Trump?
The Bank of England’s cap on stablecoin ownership is a poison pill for Britain’s financial sector.
Britain cannot afford to be left behind. https://t.co/l4ITeuiJQy
— Nigel Farage MP (@Nigel_Farage) November 12, 2025
Nigel Farage isn’t holding back on his stance toward crypto. “Britain cannot afford to be left behind,” he said in response to the Bank of England’s plan to restrict how much exposure banks, payment firms, and individuals can have to stablecoins.
What he means is pretty simple: while the U.S., EU, Singapore, and Hong Kong are all rolling out structured frameworks for crypto and digital currencies, the UK is still dragging its feet. If it stays that way, the country could miss out on massive opportunities for investment, jobs, and tax revenue from the growing crypto industry.
Recent data from the FCA shows that about 12% of UK adults, roughly 7 million people, have owned or currently own crypto. That’s a big voter base, and Farage is smart to appeal to them, especially as his popularity climbs.
According to prediction market Kalshi, he currently has a 22% chance of becoming the next Prime Minister. Just behind Andy Burnham at 25%.
If Farage actually wins, it could be a big deal for crypto. He’s already promised to loosen regulations, simplify licensing, and attract blockchain investment. That would likely trigger short-term optimism and maybe even a mini Bitcoin rally as traders price in a more crypto-friendly UK.
Still, change wouldn’t happen overnight. The Bank of England and FCA would probably slow things down. However, it would mark a major shift in attitude. It will be a strong signal that the UK might finally start catching up on crypto.
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Key Takeaways
- Farage’s pro-Bitcoin stance could spark a major shift in the UK’s crypto policies if he wins the election.
- His rise in popularity might fuel optimism for a crypto-friendly UK and boost Bitcoin’s short-term outlook.
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