UK Says “No” to Bitcoin Reserve, Focuses on Smart Crypto Regulation
According to ShibDaily, the UK government has ruled out creating a national Bitcoin reserve, choosing a different path from the U.S.
Emma Reynolds MP, Economic Secretary to the Treasury, made the announcement at the FT Digital Asset Summit in London. She said:
“Bitcoin isn’t part of our national strategy.”
But here’s what is on the UK’s radar:
Stronger UK–US cooperation on digital asset policies
A regulatory forum meeting in June
Using blockchain for sovereign debt issuance (yes, that’s real!)
A custom-made UK crypto framework (no copy-paste from the EU’s MiCA rules)
“Same risk, same rules” approach — treating crypto like traditional finance
Recognition that decentralized tech brings unique regulatory challenges
The UK is aiming for innovation without chaos — no BTC in the vault, but full speed ahead on smart, balanced regulation!
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What’s your take on this move by the UK?
Let’s hear it in the comments!
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