UK Treasury Shuts Door on Crypto Reserve—‘Not Happening’ Says Chancellor

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2025-05-06 11:30:50

UK Treasury Secretary Rules Out National Crypto Reserve: ‘Not the Plan for Us’

Another day, another government passing the buck on digital assets. The UK Treasury just axed any notion of a national crypto reserve—because why innovate when you can regulate?

Chancellor’s cold shoulder: No plans, no pilots, no problem. Meanwhile, institutional money floods into Bitcoin ETFs. Priorities, right?

Bonus jab: At least they’re consistent—first they ditched the gold standard, now they’re skipping the blockchain standard. Sterling’s got to sterling.

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