A $12 million donation from a prominent crypto investor to the uk's reform party, whose leader nigel farage has vowed to establish a bitcoin reserve if elected, signals growing political legitimacy and potential for pro-crypto policies in a major global economy. this could positively influence market sentiment.
The news comes from coindesk, a reputable crypto news source, citing official filings from the electoral commission and reports from the financial times. the information appears well-substantiated.
The increasing political backing for crypto, particularly a pledge for a national bitcoin reserve, provides a strong long-term bullish signal for btc adoption and institutional integration. while the donation itself was cash, the sentiment it generates, coupled with farage's previous pro-crypto stance, is positive.
While the immediate market reaction might be minimal, the potential for a g7 nation to pursue a bitcoin reserve policy would have significant long-term implications for bitcoin's value and global acceptance. actual policy implementation would take years if the party comes to power.
Policy Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto Investor Donates $12M to UK's Reform Party Christopher Harborne has invested in stablecoin issuer Tether and crypto exchange Bitfinex, according to reports. By Jamie Crawley | Edited by Stephen Alpher Dec 4, 2025, 5:58 p.m. What to know : Cryptocurrency investor Christopher Harborne has made a donation of 9 million pounds ($12 million) to the U.K.'s Reform party. It's being described by various outlets as the largest-ever single donation to a U.K. political party by a living donor. Nigel Farage, whose party has led the polls for much of this year, has attempted to court the crypto vote by accepting donations in cryptocurrency and vowing to establish a bitcoin (BTC) reserve if elected. A cryptocurrency investor has made a donation of 9 million pounds ($12 million) to U.K. political party Reform, according to a filing by the Electoral Commission on Thursday. The donation by Christopher Harborne, a Thailand-based entrepreneur who has invested in stablecoin issuer Tether and crypto exchange Bitfinex, according to a Financial Times report , has been described by various outlets as the single biggest donation to a U.K. political party by a living person. The outright record of 10 million pounds was a donation by Lord John Sainsbury to the Conservative party in his will in 2022. STORY CONTINUES BELOW Don't miss another story. Subscribe to the State of Crypto Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Harborne previously donated to Reform, led by Nigel Farage in 2019, when it was called the Brexit Party, and has also donated to the Conservatives over the years. The donation meant Reform received more in donations than any other U.K. party in the third quarter of 2025. Nigel Farage, whose party has led the polls for much of this year, has attempted to court the crypto vote by accepting donations in cryptocurrency and vowing to establish a bitcoin BTC $ 92,444.98 reserve if electing to government . Harborne's donation was in cash, not crypto. Political Donations Nigel Farage UK More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You U.S. CFTC-Driven Spot Crypto Trading Going Live With Bitnomial, Opening Up New Arena By Jesse Hamilton | Edited by Nikhilesh De 2 hours ago President Donald Trump's push toward friendly crypto policies produced a CFTC-led effort to encourage leveraged spot crypto trading, starting with Bitnomial. What to know : The Commodity Futures Trading Commission announced that leveraged spot crypto trading is now going live, meeting one of the goals of President Donald Trump's crypto push. Bitnomial is poised to be the first to begin trading, the company said, and that trading is set to start next week. Read full story Latest Crypto News Ex-Signature Bank Execs Launch Blockchain-Powered Narrow Bank Backed by Paradigm, Winklevoss 2 minutes ago Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink 27 minutes ago BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone 58 minutes ago Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg 1 hour ago $4B Bitcoin ETF Outflows in October-November Reflect Basis Trade Unwind, Not Capitulation: Analyst 1 hour ago BONK Edges Higher as Narrow-Range Trading Holds Above Key Support 1 hour ago Top Stories U.S. CFTC-Driven Spot Crypto Trading Going Live With Bitnomial, Opening Up New Arena 2 hours ago Ex-Signature Bank Execs Launch Blockchain-Powered Narrow Bank Backed by Paradigm, Winklevoss 2 minutes ago Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg 1 hour ago $4B Bitcoin ETF Outflows in October-November Reflect Basis Trade Unwind, Not Capitulation: Analyst 1 hour ago Solmate to Buy RockawayX in All-Stock Deal to Build $2B Institutional Solana Giant 4 hours ago XRP ETFs Extend Record Inflow Streak to 13 Days, Closing in on $1B Milestone 3 hours ago In this article BTC BTC $ 92,444.98 ◢ 0.60 %