UK Treasury Rejects National Crypto Reserve Proposal

Key Notes

  • The UK has rejected the idea of a national crypto reserve and will not hold Bitcoin in state accounts.
  • The government prioritizes US collaboration and plans sovereign debt issuance using blockchain.
  • Britain is also avoiding the EU’s MiCA path, favoring traditional financial regulations for crypto.

The United Kingdom has confirmed it will not create a national reserve of digital assets like Bitcoin

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