BREAKING: UK Government May Sell £5 Billion in Seized Bitcoin
Chancellor Rachel Reeves is reportedly considering selling over £5 billion worth of seized #Bitcoin ($BTC ) to help reduce the UK’s growing budget deficit.
Here’s what’s happening:
▪️ The Bitcoin was confiscated during criminal investigations, including a major Ponzi scheme case.
▪️ This could become one of the largest government crypto sell-offs ever.
▪️ The funds may be used to support public spending and economic recovery.
If sold, it could affect Bitcoin’s market price and set a major precedent for how governments treat crypto assets in the future.
All eyes are now on how and when the sale will happen. It could shake both markets and policy trends worldwide.
