$BTC Britain does not plan to create a strategic bitcoin reserve

The United Kingdom does not plan to follow the example of the United States and create a strategic bitcoin reserve. This was reported by Decrypt, citing a speech by Economic Secretary to the Treasury Emma Reynolds.

Reynolds spoke at the Financial Times Digital Assets Summit, taking place on May 6-7, 2025, in London.

"This is not suitable for our market. We understand that this is exactly what the United States is aiming for, but this is not our plan," Reynolds stated, commenting on the U.S. plans to create a crypto asset reserve.

At the same time, she noted that the United Kingdom and the United States continue to cooperate in other sectors, including crypto assets. A meeting of the working group on industry regulation will take place in June 2025, Reynolds added.