๐Ÿšจ BREAKING: UK Rejects Bitcoin Reserve โ€“ But Thereโ€™s a Twist! ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ’ฅ

#Bitcoin | #CryptoNews | #UKCrypto | #BTC | #CryptoRegulation

Emma Reynolds, Economic Secretary to the Treasury, just announced at the FT Digital Asset Summit:

โŒ โ€œThe UK will NOT follow the US ๐Ÿ‡บ๐Ÿ‡ธ in building a Bitcoin reserve.โ€

While Trumpโ€™s America gears up for a strategic $BTC stockpile, both ๐Ÿ‡ฏ๐Ÿ‡ต Japan and ๐Ÿ‡ฌ๐Ÿ‡ง UK say itโ€™s a no-go for sovereign assets.

Why? Bitcoin isnโ€™t seen as a fit for traditional treasury strategies.

But hereโ€™s the twist:

โœ… UK is going pro-crypto in other ways:

โš–๏ธ Forming a new digital asset regulatory alliance with the US

๐Ÿ”— Planning to use DLT for sovereign debt issuance by Summer 2025

๐Ÿ›‘ Rejecting EUโ€™s MiCA โ€“ UK wants custom crypto rules

Reynolds admits:

> โ€œBitcoinโ€™s decentralization makes it nearly impossible to fully regulate.โ€

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๐Ÿ“‰ $BTC

Market Impact: Mildly Bearish

The UKโ€™s rejection may cool global adoption sentiment for Bitcoin as a state asset.

But the pro-blockchain stance & US-UK cooperation may soften the blow.

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๐Ÿ’ฌ Your Thoughts?

Will more countries say yes to Bitcoin reserves, or will this trend stall?

Drop your take below & tap Follow for more high-signal crypto insights!