Reform UK leader Nigel Farage unveiled his party’s plan to turn Britain into a crypto powerhouse if it gets elected.

The party claims it is the "first" in Britain to do this – but experts are warning that digital currencies are harder to trace, and so offer donors increased anonymity.

Reform UK, the U.K. political party led by Nigel Farage, is set to become the first European political party to accept cryptocurrency donations, according to a blog post. The donations will be facilitated by Radom, a U.K.-based crypto payments company that has VASP (Virtual Asset Service Provider) licenses for its crypto infrastructure.