Bitcoin: UK Rejects Strategic Reserve Plan

UK Rules Out Strategic Bitcoin Reserve

• The UK will not establish a strategic Bitcoin reserve, unlike the US.
• Emma Reynolds, Economic Secretary to the Treasury, announced this at the Digital Assets Summit in London on May 6-7, 2025.
• The UK focuses on regulating crypto-assets similarly to traditional financial products.
• A legislative proposal for a crypto-assets regulatory framework was introduced in April 2025.
• A working group meeting between the UK and US on industry regulation is scheduled for June 2025.

The UK’s decision against creating a strategic Bitcoin reserve was confirmed by Emma Reynolds during the Digital Assets Summit in May 2025. Instead, they aim to regulate crypto-assets with traditional financial rules.