UK Reform Party leader Farage accused of conflict of interest, pushing crypto tax cut proposal after receiving £5 million grant

Odaily Planet Daily News: UK Reform Party leader Nigel Farage has been accused of conflict of interest by the opposition. In 2024, he received a £5 million personal grant from crypto investor Christopher Harborne. Subsequently, in May 2025, the Reform Party proposed a draft regulatory framework for the crypto industry, aiming to reduce the stamp duty on crypto transactions from 24% to 10%, along with proposals to establish a national Bitcoin reserve and lower the capital gains tax on crypto assets. Farage has acknowledged receiving the aforementioned grant, while the Reform Party stated that policy-making is unrelated to donors. Additionally, Harborne donated another £12 million to the party last year, and crypto entrepreneur Ben Delo also contributed £4 million this year. Farage now faces allegations of breaching House of Commons rules, which in severe cases could lead to suspension of his parliamentary membership and trigger a by-election. (Financial Times)