According to Michael Saylor, co -founder of the strategy, Bank of England can soon add Bitcoin to its reserves. He commented during Bitcoin 2025 in Las Vegas, where the Britain’s leader reform, Nigel Farage, talked about his party’s new plan.
Farage said Reforms UK Want Bank of England to hold a “Bitcoin Digital Reserve.” He also introduced a bill that would lower the capital gains tax on crypto from 24% to 10%.
Saylor’s view of bitcoin -reserves
Saylor described Bitcoin as the “ultimate form of capital.” He said that investors should consider moving money from ordinary currencies and bonds to crypto. His company, StrategyHave bought Bitcoin for several years.
Bank of England on Brink … to buy bitcoinpic.twitter.com/8mdxj0sz5l
– Michael Saylor (@Saylor) May 30, 2025
Based on reports, US regulatory authorities now allow banks to hold and trade crypto. This makes it more likely that large institutions will get involved. If the Bank of England buys Bitcoin, it would mark a major change. Central banks usually adhere to gold or government bonds. Changing even a small disc reserves to Bitcoin can change how people see digital coins.
Image: Blueberry
Reform Britain’s cryptop plan
Reform UK has opened for crypto donations, making it the first British party that does. Farage said banks are not allowed to close accounts for people who buy or sell crypto.
He suggested that he allows taxpayers to pay tax bills in Bitcoin. The proposed crypto assets and the digital financing proposal would establish new rules to protect crypto users and encourage companies to offer crypto services.
The Britain’s chairman, Zia Yusuf, said that reducing crypto taxes can bring rich entrepreneurs back to the United Kingdom. He pointed out that many rich people go to places with lower taxes on digital assets.
Tax cuts to attract entrepreneurs
Reports revealed that Reform UK wants to release capital gains tax on crypto from 24% down to 10%. Yusuf said this change can reverse the flow of talent leaving Britain.
If companies see that they can keep more profits, they can stay or move here. This can lead to more jobs and more technical start -ups. But critics warn of reducing taxes can leave a hole in government revenue. In turn, the Treasury may need to find money elsewhere or reduce services.
Image from Unsplash, charts from TradingView
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