UK Treasury Shuts Door on Crypto Reserve—‘Not Happening’ Says Chancellor
Another day, another government passing the buck on digital assets. The UK Treasury just axed any notion of a national crypto reserve—because why innovate when you can regulate?
Chancellor’s cold shoulder: No plans, no pilots, no problem. Meanwhile, institutional money floods into Bitcoin ETFs. Priorities, right?
Bonus jab: At least they’re consistent—first they ditched the gold standard, now they’re skipping the blockchain standard. Sterling’s got to sterling.