UK Eyes $7B Bitcoin Sale to Fill Budget Gap

UK Eyes $7B Bitcoin Sale to Fill Budget Gap

The United Kingdom is considering liquidating more than £5 billion ($6.7 billion) worth of seized Bitcoin in a move aimed at narrowing the country’s fiscal deficit. According to recent reports, the Home Office and Chancellor of the Exchequer Rachel Reeves are coordinating with law enforcement agencies to facilitate the sale and create a custodial system for handling the digital assets. This prospective liquidation, primarily involving ov...

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