The UK Treasury is taking action to accelerate the integration of blockchain technology into its financial markets by appointing a dedicated ‘Digital Markets Champion’. This new role will […]
UK Treasury Taps Industry Veteran Sir Charlie Mayfield for Business Expertise
The UK Treasury has appointed Sir Charlie Mayfield, former chair of the John Lewis Partnership, to its board. Chancellor Rachel Reeves stated this move will bolster the department’s […]
UK Treasury Rules Out Bitcoin as National Reserve, Focuses on Digital Asset Potential
The UK government is firmly against establishing a national cryptocurrency reserve, despite interest from the US in adopting such an approach. Emma Reynolds, UK Treasury Secretary, stated this […]
UK Treasury Remains Cautious About Cryptocurrency Reserves
The UK Treasury has rejected the idea of establishing a national cryptocurrency reserve, citing concerns about price volatility as the reason. Instead, the government will prioritize regulatory approaches […]