UK Ditches Bitcoin Reserves Amid Volatility Concerns

The UK Treasury has taken a decisive stance against establishing national Bitcoin reserves, opting instead for a focus on regulation and blockchain technology. Led by Economic Secretary Emma Reynolds, the decision highlights London’s commitment to stability in the volatile crypto market. 2025 saw the UK government announce its withdrawal from Bitcoin reserves, citing concerns about market volatility as a key driver behind this decision. The UK’s focus shifts towards developing regulatory frameworks and fostering innovation in distributed ledger technology.