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UK Finance Minister Blasts Nigel Farage’s ‘Bitcoin Account’

UK Chancellor of the Exchequer John Healey has appeared to slam Reform Party leader Nigel Farage’s use of Bitcoin.

Bitcoin Magazine

Publisher

Sep 28, 2026 at 8:43 PM UTC · 2 Min. Lesezeit

UK Finance Minister Blasts Nigel Farage’s ‘Bitcoin Account’
Image via Bitcoin Magazine

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bitcoin

Market Impact

BTC-0.24%$84,513

Last Updated

vor 4 Tagen

Übersetzung…

UK Chancellor of the Exchequer John Healey has appeared to slam Reform Party leader Nigel Farage’s use of Bitcoin. 

In a Monday speech, the finance minister said that Nigel Farage — a pro-crypto member of parliament — was “Liz Truss with a Bitcoin account.” 

Farage, who is leading the increasingly popular Reform Party, has come under fire recently for receiving donations from crypto entrepreneurs. Liz Truss was the UK’s shortest serving Prime Minister who was heavily criticised for her debt-fueled 2022 mini budget. 

“Nigel Farage — he wants you to think he’s a man of the people,” Healey said. “But when it comes to the economy, he’s Lizz Truss with a Bitcoin account.” 

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Healey went on to say that his leading Labour Party would help the UK get ahead “through fiscal discipline, through good work, through strong industries.”

His comments were criticized by the Bitcoin community on X, who asked what a “Bitcoin account” even was. 

“Apparently ‘Bitcoin account’ is now a thing,” the Simply Bitcoin account wrote on X. “Incredible stuff from one of the people running Britain.”

Bitcoin · 30-day price▲ 4.0%
$86,594$81,089$75,585
Sep 3Sep 12Sep 22Oct 2

Bitcoin moved from $81,276.1 to $84,524.3 over the last 30-day period, a gain of 4.0 percent.

Source: Kraken · NewsLayer Markets · Updated vor einer Minute

Why this matters

A police investigation into alleged overseas-donation rule breaches involving millions of dollars in crypto funding could create legal and reputational risks for Reform and its pro-crypto leadership. The case also signals that crypto-linked political donations may face greater scrutiny under UK campaign-finance rules.

Populist Farage has long been a pro-crypto politician. Since 2020, he has framed Bitcoin mainly as a question of personal freedom and opposition to state control of money.

Market Context

₿

Bitcoin

BTC

$84,513

-0.24% (24H)

$86,800$85,520$84,241
11 PM6 AM2 PM10 PM

Market Cap

$1.70T

24H Volume

$34.6B

24H High

$87,229

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

crypto

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