The UK stands out from other nations as it steers clear of adopting Bitcoin reserves similar to the U.S. and EU. During the Financial Times Digital Asset Summit in London, Emma Reynolds from the UK Treasury emphasized the country’s unique approach to crypto regulation. Instead of incorporating Bitcoin as a reserve asset, the UK is exploring innovative applications for blockchain technology. A government initiative aims to leverage blockchain for issuing debt securities, with results expected by late summer. The UK maintains strong ties with American regulators and is working on a joint working group to enhance crypto oversight across borders. Meanwhile, the country rejects adopting EU’s strict MiCA regulations, opting instead for a more outcome-based approach to crypto regulation, aligning its rules with those of conventional financial institutions.