Uk “No National Plan To Reserve Bitcoin”... Blockchain Government Bonds Under Review

United Kingdom Chancellor Emma Reynolds stated on the 6th (local time) at the 'Digital Asset Summit' hosted by the Financial Times, “There are no plans to stockpile digital asset (cryptocurrency) reserves at the national level.” She continued, “Following the United States government's Bitcoin stockpile plan is not a policy suitable for the United Kingdom,” and explained, “We understand what the United States pursues, but that is not our plan.” However, Chancellor Reynolds added that while reserves are not possible, the United Kingdom is examining the possibility of issuing government bonds utilizing distributed ledger (blockchain) technology. The market is paying attention to the fact that the possibility of the United Kingdom incorporating Bitcoin as reserves has disappeared, but it is closely watching whether the government's promotion of blockchain-based government bonds will become a new driving force in the digital asset ecosystem.