UK Treasury’s Emma Reynolds Rules Out National Crypto Reserve, Rejects US Bitcoin Model and EU MiCA Regulations

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

Source: The Defiant