UK Rejects U.S. Bitcoin Reserve Strategy, Prefers Current Financial Framework
The post UK Rejects U.S. Bitcoin Reserve Strategy, Prefers Current Financial Framework appeared first on Coinpedia Fintech News
Emma Reynolds from the UK Treasury announced that the UK will not adopt the U.S. strategy of holding Bitcoin in reserves. Instead, the country will regulate digital assets within its existing financial framework, avoiding the adoption of the EU’s MiCA regulations. This decision highlights the UK’s preference for maintaining a traditional regulatory approach while managing digital asset growth, rather than introducing new, complex frameworks.
