🚨 UK’s Big Crypto Decision?
Is the government ever going to sell that £5 billion of seized Bitcoin? 🇬🇧💰
This had made Britain’s Chancellor, Rachel Reeves, to now think about selling that chunky Bitcoin stash that was seized as part of its criminal investigations (one of them was from a popular Ponzi scheme)!
🔍 Here’s what’s happening:
▪️ BTC confiscated in a series of criminal cases
▪️ The government said it would use the money to help public services and cut the budget deficit
▪️ When sold, it could be government’s biggest crypto sale ever
📉 Unloading that much BTC could weigh on the markets — and it could also determine how governments begin treating digital assets going forward.
👀 Now the world is watching the UK’s next move — will this change how governments globally act?