🚨🇬🇧UK #REJECTS NATIONAL CRYPTO RESERVE PLAN, OPTS FOR #REGULATORY ALIGNMENT INSTEAD
🔹No National Crypto Reserve: UK Treasury’s Emma Reynolds confirms no plans to mimic the U.S. in launching a government-backed crypto reserve.
🔹Market Mismatch: UK deems the U.S. strategy unsuitable for its financial environment.
Joint Regulation Ahead:
🔹UK Chancellor met with U.S. Treasury Secretary Scott Bessent.
🔹A bilateral digital asset regulatory forum will convene in June.
