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UK Treasury’s Emma Reynolds Rules Out National Crypto Reserve, Rejects US Bitcoin Model and EU MiCA Regulations
By: defi news|2025/05/06 21:30:01
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The UK Treasury has announced that it will not establish a national cryptocurrency reserve, distinguishing its approach from that of the United States. Treasury Secretary Emma Reynolds stated that the UK government has no plans to adopt a Bitcoin reserve or follow the European Union's Markets in Crypto-Assets (MiCA) regulations. Instead, the UK intends to keep digital assets regulated under traditional financial rules, signaling a more cautious stance towards integrating cryptocurrencies into national financial frameworks.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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