The UK government's Treasury department has stated that it has no plans to establish a strategic bitcoin reserve, citing the cryptocurrency's volatility as unsuitable for the country. This comes in response to the US government's introduction of a strategic BTC reserve, which will hold confiscated BTC and other cryptocurrencies. While Donald Trump signed the reserve into existence, he admitted to not fully understanding it. The UK currently holds over $5 billion worth of BTC, which some argue should be sold to stabilize the economy, while others suggest keeping it to maintain the price of BTC.



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