We previously updated you guys on some latest #regulatory updates from the #UnitedKingdom, and here’s the latest:

UK Treasury’s Economic Secretary Emma Reynolds rules out a national $BTC reserve for the #UK, saying it’s not appropriate for the UK market. 🇬🇧

However, this doesn’t mean this won’t change in future policies — but it does mean a #crypto reserve likely won’t be enforced in the UK in the near future.

#Bitcoin and the #crypto markets have not been affected much by this announcement as of yet, but as the #US Stock Markets seem shaky, we’re keeping our eyes peeled on all movements over the next few days. ✅

#blockchain #strategicbitcoinreserve #$btc #GlobalMarkets #stockmarket #trending