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Reform UK Party leads in polls, plans to cut taxes to attract encryption voters.
[Coin World] The Reform UK Party, led by Nigel Farage, is leading in national polls, marking a historic shift in the traditional dual oligopoly of the Conservative Party and the Labour Party. The party is appealing to voters dissatisfied with the government's crypto assets policy, proposing to reduce the capital gains tax on digital assets from 24% to 10%, and banning de-banking operations. This strategy is similar to Donald Trump's successful "crypto assets voting" strategy in the 2024 U.S. election, as the percentage of UK adults holding crypto assets has surged from 4% in 2021 to 12%. If elections were held today, the Reform UK Party could become the largest party in a hung parliament.