The UK government is considering selling £5.2 billion worth of $BTC seized from organized criminals to address a £22 billion deficit in public finances. The #Bitcoin was confiscated from Jian Wen, linked to a cryptocurrency fraud scheme, marking the largest cryptocurrency seizure in UK history. Former Chancellor Lord Lamont has urged swift action to sell the bitcoin to benefit government finances and avoid legitimizing cryptocurrency.
Do you think this would have any impact on bitcoin?
#BTC Price Analysis# #Macro Insights#
