UK Says No to Bitcoin Reserves, Won’t Follow U.S & EU Footsteps

The post UK Says No to Bitcoin Reserves, Won’t Follow U.S & EU Footsteps appeared first on Coinpedia Fintech News At a time when countries around the world are shifting towards digital asset strategies, the UK has made it clear, it’s not following the crowd. During the Financial Times Digital Asset Summit in London, Emma Reynolds from the UK Treasury confirmed that the country will not copy the U.S. or the EU when it comes to creating a bitcoin reserve. Let’s dive in detail! No Plans to Hold Bitcoin as a Reserve While the U.S. is thinking about holding Bitcoin as part of its reserves , with a neutral budget strategy, the UK has no plans to do the same. UK Treasury, Reynolds said, “We don’t think that’s right for our market.” Instead of focusing on Bitcoin as a reserve, the UK is exploring new ways to use blockchain. One idea is to issue government debt using blockchain technology. A process is already underway to find a supplier for this, with results expected by late summer. Despite rejecting the U.S. model of holding Bitcoin, the UK still values cooperation with American regulators. Reynolds mentioned a new joint working group between UK and U.S. officials focused on crypto oversight. She said both sides agree that global collaboration is key in this fast-moving space. No Copying the EU’s Crypto Rules Reynolds also made it clear that the UK doesn’t want to copy the EU’s special crypto rules, known as MiCA . Reynolds said the UK has its way of making laws, which is more focused on outcomes rather than strict rules. She explained that the UK plans to treat crypto companies like regular financial firms if they take on the same risks. This means, “Same risk, same rules. Some Crypto Things Are Hard to Control Reynolds also admitted that some parts of crypto, like Bitcoin, are very hard for governments to control because they are fully decentralized. “There’s only so much we can do,” she said. In short, the UK is choosing a balanced and practical way to manage crypto, fitting it into old rules, not creating brand-new ones.

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U.S. to Deliver Strategic Bitcoin Reserve Report, XRP Poised for Inclusion

The U.S. Treasury is set to release a pivotal report detailing the framework for establishing a national Strategic Bitcoin Reserve and a broader Digital Asset Stockpile. This initiative stems from President Donald Trump’s executive order signed in March, aiming to position the United States as a global leader in the digital asset space. The report is expected to outline strategies for managing seized digital assets, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), as part of the nation’s financial reserves. BREAKING US Treasury to deliver key report today on building a Strategic Bitcoin Reserve using seized #BTC , and strategic stockpile of $XRP , $ETH , $ADA per Trump’s executive order What do you think — are we going to see $XRP in the official U.S. digital asset… https://t.co/zrj8FJBRHL pic.twitter.com/NHWul7DiJB — 𝕏aif | (@Xaif_Crypto) May 5, 2025 Inclusion of XRP in the U.S. Digital Asset Stockpile President Trump’s executive order explicitly names XRP, along with ETH, SOL, and ADA, as assets to be included in the U.S. Digital Asset Stockpile. This marks a significant shift in governmental approach, recognizing these cryptocurrencies as strategic assets. The inclusion of XRP, in particular, underscores its potential utility in cross-border payments and its growing adoption in the financial sector. Strategic Bitcoin Reserve: Utilizing Seized Assets The Strategic Bitcoin Reserve i s to be capitalized using Bitcoin assets seized through criminal and civil forfeiture proceedings. This approach ensures that the reserve is established without additional taxpayer burden. The reserve aims to solidify Bitcoin’s role as a strategic asset within the U.S. financial system, reflecting a broader acceptance of digital currencies at the federal level. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Implications for the Crypto Market The formal recognition and inclusion of cryptocurrencies like XRP in national reserves could have profound implications for the crypto market. It may lead to increased institutional adoption, greater regulatory clarity, and enhanced legitimacy of digital assets. Investors and market participants are closely watching the Treasury’s forthcoming report for insights into the government’s strategic direction and potential impacts on the broader financial ecosystem. As the U.S. Treasury prepares to unveil its comprehensive plan for the Strategic Bitcoin Reserve and Digital Asset Stockpile, the inclusion of XRP and other altcoins signifies a transformative moment in the integration of digital assets into national financial strategies. This development not only reflects the evolving landscape of digital finance but also positions the United States at the forefront of embracing and institutionalizing cryptocurrency assets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post U.S. to Deliver Strategic Bitcoin Reserve Report, XRP Poised for Inclusion appeared first on Times Tabloid .

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Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1?

The post Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1? appeared first on Coinpedia Fintech News Story Highlights The price of Dogecoin today is $ 0.16512101 . Dogecoin price may reach a maximum of $1.07 in 2025. With a potential surge, the DOGE price may achieve its $3 mark in 2030. Dogecoin, the memecoin category leader, has picked up the pace amidst the uptrend in the market. Between the turn of events, marketers are still hoping for it to match its June 2021 high. The hopes could soon be fulfilled, as the House of Doge within the Dogecoin Foundation has opened the doors to the “Official Dogecoin Reserve” by acquiring 10 million DOGE to boost payment utility and transaction efficiency. Talking about DOGE’s price, it is currently trading at $0.1651, a bullish push from here could lead DOGE to its resistance at $0.20. On the flipside, if bears hunt DOGE down, its price could tumble to $0.15 in the very short term. As the underlying dynamics shift amid broader market volatility, investors have started wondering, “Will Dogecoin reach $1?” to “Will Dogecoin go up?” Are you wondering the same? Worry not, Coinpedia’s Dogecoin price prediction 2025 to 2030 will clear all such doubts. Look at this well-researched and detailed DOGE price prediction for the upcoming moves. What is Dogecoin Price Prediction for May 2025? The price of 1 DOGE could surge to a maximum of $0.195 by the end of May 2025. Table of Contents Story Highlights Dogecoin Price Today Dogecoin Price Prediction for May 2025 DOGE Price Forecast 2025 Dogecoin Price Prediction 2026 – 2030 Dogecoin Price Targets 2026 Dogecoin Price Projection 2027 DOGE Memecoin Price Prediction 2028 DOGE Price Analysis 2029 Dogecoin Price Prediction 2030 Dogecoin Price Prediction 2031, 2032, 2033, 2040, 2050 Market Analysis CoinPedia’s DOGE Price Prediction Can DOGE Break the $1 Barrier? Dogecoin’s Tokenomics and Long-Term Outlook FAQs Dogecoin Price Today Cryptocurrency Dogecoin Token DOGE Price $ 0.16512101 -3.28% Market cap $ 24,627,819,796.6124 Circulating Supply 149,150,126,383.71 Trading Volume $ 730,943,066.0052 All-time high $0.7376 May 08, 2021 All-time low $0.00008547 May 07, 2015 Dogecoin Price Prediction for May 2025 Dogecoin faces bearish pressure as it struggles below the 9-day SMA, with RSI dipping to 44, suggesting weakening momentum. After a failed breakout near $0.20, prices are forming a descending triangle pattern, typically bearish. The broader trend remains sideways with a slight downward bias. Unless bulls reclaim the $0.18–$0.20 zone, further decline is likely. Potential Low: $0.145 Average Price: $0.165 Potential High: $0.195 DOGE Price Forecast 2025 With Elon Musk leading the D.O.G.E department with Vivek Ramaswamy in Donald Trump’s 2.0 administration, the DOGE price is projected to jump back toward its 2021 levels. That’s not all, Dogecoin witnessed an impressive 400% spike in its active addresses, hinting at growing network activity. If the FOMO around Dogecoin continues to grow and if influencers promote the coin, then its price could reach $1.07 . However, if Dogecoin cannot maintain its current growth rate, its price will likely average out at $0.84 in a highly competitive market. On the other hand, if Dogecoin fails to stay relevant in 2025, the price of DOGE can plunge to a low of $0.62 . Year Potential Low Potential Average Potential High 2025 $0.62 $0.84 $1.07 Also Read: Worldcoin Price Prediction 2025, 2026 – 2030! Dogecoin Price Prediction 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 0.80 1.05 1.30 2027 1.05 1.31 1.56 2028 1.34 1.65 1.97 2029 1.59 2.11 2.63 2030 2.52 2.77 3.03 Dogecoin Price Targets 2026 Dogecoin forecast for 2026 is anticipated to range between $0.80 to $1.30 , with an average price of approximately $1.05 . Dogecoin Price Projection 2027 Dogecoin predictions for 2027 is expected to fluctuate between $ 1.05 to $ 1.56 , with an average price of around $ 1.31 . DOGE Memecoin Price Prediction 2028 Dogecoin’s price for 2028 is anticipated to lie within the range of $ 1.34 to $ 1.96 , with an average price of about $ 1.65 . DOGE Price Analysis 2029 Dogecoin prediction for 2029 is projected to vary from $ 1.59 to $ 2.63 , with an average price of roughly $ 2.11 . Dogecoin Price Prediction 2030 Dogecoin price USD for 2030 is expected to fluctuate between $ 2.52 to $ 3.03 , with an average price of approximately $ 2.77 . Also Read: Ethereum Price Prediction 2025, 2026 – 2030! Dogecoin Price Prediction 2031, 2032, 2033, 2040, 2050 Based on the historic market sentiments and trend analysis of the altcoin, here are the possible Dogecoin price targets for the longer time frames. .highcharts-legend { display:none; } document.addEventListener("DOMContentLoaded", function () { setTimeout(function() { Highcharts.chart('custom-chart-681a0eb87c06f', { chart: { type: 'areaspline' }, title: { text: 'Dogecoin (DOGE) Price Prediction', style: { color: '#171717', fontSize: '20px', fontWeight: '500', } }, xAxis: { categories: ["2031","2032","2033","2040","2050"], title: { text: 'Year', style: { color: '#171717', fontSize: '16px', fontWeight: '500', display: 'block', align: 'middle' // Ensure it's aligned properly }, margin: 15 } }, yAxis: { title: { text: 'Average Price ($)', style: { color: '#171717', fontSize: '16px', fontWeight: '500', } }, labels: { formatter: function () { return this.value === 0 ? "0" : formatNumber(this.value); } } }, responsive: { rules: [{ condition: { maxWidth: 767 // Set breakpoint at 767px }, chartOptions: { title: { style: { fontSize: '13px', fontWeight: '500', lineHeight: '22px' // Corrected 'lineHight' to 'lineHeight' } }, xAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } }, yAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } } } }] }, tooltip: { shared: true, formatter: function () { var year = this.x; // Default index if (this.series.chart.xAxis[0].categories) { year = this.series.chart.xAxis[0].categories[this.point.index]; // Map to category label } return ` ${year} ${this.points.map(point => ` \u25CF ${point.series.name}: ${formatNumber(point.y)} ` ).join(' ')}`; } }, credits: { enabled: false }, plotOptions: { areaspline: { color: '#0052CC', fillColor: { linearGradient: { x1: 0, y1: 0, x2: 0, y2: 1 }, stops: [ [0, '#0f549999'], [1, '#0052CC0D'] ] }, marker: { lineWidth: 1, lineColor: null, fillColor: 'white' } } }, series: [{ name: 'Market Value', data: [3.49,4.47,5.87,19.62,104.95] // Dynamic values }] }); }, 1000); function formatNumber(value) { if (value === 0) { return "0"; } if (value >= 1000000000) { return (value / 1000000000).toFixed(2).replace(/\.00$/, '') + 'B'; } else if (value >= 1000000) { return (value / 1000000).toFixed(2).replace(/\.00$/, '') + 'M'; } else if (value >= 1000) { return (value / 1000).toFixed(2).replace(/\.00$/, '') + 'K'; } else if (value >= 1) { return value.toFixed(2); } else if (value >= 0.1) { return value.toFixed(4); } else if (value >= 0.01) { return value.toFixed(5); } else if (value >= 0.001) { // 0.001 to 0.00999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.0001) { // 0.0001 to 0.000999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.00001) { // 0.00001 to 0.0000999 (8 decimal places) return value.toFixed(8); } else if (value >= 0.000001) { // 0.000001 to 0.00000999 (9 decimal places) return value.toFixed(9); } else if (value >= 0.0000001) { // 0.0000001 to 0.000000999 (10 decimal places) return value.toFixed(10); } else if (value >= 0.00000001) { // 0.00000001 to 0.0000000999 (11 decimal places) return value.toFixed(11); } else if (value >= 0.000000001) { // 0.000000001 to 0.00000000999 (12 decimal places) return value.toFixed(12); } else if (value >= 0.0000000001) { // 0.0000000001 to 0.000000000999 (12 decimal places) return value.toFixed(12); } else { // Less than 0.0000000001 (13 decimal places) return value.toFixed(13); } } }); Year Potential Low ($) Potential Average ($) Potential High ($) 2031 3.01 3.49 3.98 2032 3.79 4.47 5.16 2033 4.96 5.87 6.79 2040 14.22 19.62 25.02 2050 54.99 104.95 154.91 Market Analysis Firm Name 2025 2026 2030 Changelly $0.321 $0.286 $1.22 Coincodex $0.456 $0.313 $0.729 Binance $0.327 $0.343 $0.417 CoinPedia’s DOGE Price Prediction According to CoinPedia’s formulated Dogecoin price projections for 2025, if the trading volume of Dogecoin rises, then we can expect the DOGE price to surge to $1.07 as the year ends. On the other hand, if the market is hit again by external forces like regulations or negative statements by influencers. Hence, the meme coin might trade at a potential low of $ 0.62 . We expect the DOGE price to reach a new swing high of $1.07 by the end of 2025. Year Potential Low Potential Average Potential High 2025 $0.62 $0.84 $1.07 Can DOGE Break the $1 Barrier? Given DOGE’s success, largely driven by hype with some technical progress, crossing $1 by 2025 remains a realistic possibility. A sustained media frenzy and growing endorsement deals could maintain bullish momentum. Expanded merchant adoption would also strengthen confidence in its long-term viability. Dogecoin’s Tokenomics and Long-Term Outlook The future of Dogecoin hinges on its utility. Meme popularity alone may not sustain it indefinitely, but advancements in transaction fees, speed, and business collaborations could help it thrive as a mainstream digital currency. Its large and passionate community will likely continue to drive positive evolution. Conclusion Given Dogecoin’s past price behavior, driven largely by online hype and media coverage, it has the potential to reach over $1 in 2025. DOGE has shown remarkable resilience, and key factors like expanded merchant adoption, community growth, and protocol upgrades could enhance its viability. Also, read Shiba Inu Price Prediction 2025, 2026 – 2030! FAQs Will Dogecoin hit $5? Dogecoin will likely reach $5 in the next decade. Will the Dogecoin price hit $1 in 2025? According to our DOGE price prediction, the meme coin might hit a maximum of $1.07 in 2025. How much is Dogecoin worth today? At the time of writing, the Dogecoin value was $0.1651 How high can the DOGE price go by the end of 2030? With a potential surge, the price may go as high as $3.03 by 2030. Is Dogecoin a good investment? Yes, Dogecoin might definitely be a good investment if you are looking to invest for the long term. Is Dogecoin dead? No, Dogecoin is not dead right now, the peaks and troughs are normal in the cryptocurrency industry. Major announcements and happenings will eventually drive the price. What is Dogecoin used for? Dogecoin was developed as a digital form of payment system, similar to Bitcoin or Litecoin. How much would the price of Dogecoin be in 2040? As per our latest DOGE price analysis, this memecoin could reach a maximum price of $25.02. How much will the DOGE coin price be in 2050? By 2050, a single Dogecoin price could go as high as $154.91. Why is Dogecoin going up? The doge price is going back up in view of improving market sentiments

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CleanSpark reports 633 bitcoins in April

More on CleanSpark CleanSpark: Still A Speculative 'Buy' On Bitcoin's Breakout CleanSpark: A Strong Buy Amid Crypto Price Stabilization CleanSpark: The All-In BTC Mining Bet Crypto short bets see overall rise in March led by Strategy CleanSpark increases Coinbase Prime credit facility, launches Bitcoin treasury desk

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Bitcoin Seoul 2025: Asia’s flagship Bitcoin conference

Bitcoin Seoul 2025, Asia’s largest Bitcoin-focused conference, will take place from June 4 to 6,

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Canadian manufacturers turn away from U.S. amid Trump tariffs

Canadian manufacturers are targeting new markets for their trade as U.S. tariffs under President Donald Trump unsettle the trade links between the two countries. A British Columbia firm that produces capsules and tablets for the drug industry is now looking for partners in Asia, while a steel component maker that has supplied U.S. buyers for 35 years is warning clients to brace for higher bills. Another company that sews mascot costumes for school and sports events has cut its prices in a bid to keep American orders from slipping away, as reported by Reuters. These moves mark an abrupt shift in long‑standing practices built on easy access to the world’s largest consumer market. Prime Minister Mark Carney, whose Liberal Party won last month after campaigning to “stand up to Trump,” will meet the president at the White House on Tuesday. Carney has told voters the old trade relationship is finished, and the firms are treating that warning as a guide. Even if Ottawa and Washington step into a fresh agreement, executives say Trump’s unpredictable style means uncertainty will linger. “If you are a smart, savvy business person, you are not going to jump right back into another arrangement where you are totally reliant on a U.S. partner,” said Mike Chisholm, who advises exporters. “Owners want stability, banks want stability, private equity funds want stability. They are just going to be very, very careful.” Canada has long relied on the United States for about 75 % of its exports and was among the first nations hit when Trump raised the tariff wall. In March, the White House set a 25 % duty on all steel and aluminum entering the United States. Cars and parts that do not meet North American free‑trade rules face the same surcharge. Government figures show the manufacturing sector ships 42 % of its output to the United States, and roughly 1.7 million Canadian jobs depend on that flow. White House spokesman Kush Desai bluntly said, “Canadian companies won’t have to worry at all about tariffs when Canada becomes our cherished 51st state.” Canadian businesses are forced to pivot to other markets PNP Pharmaceuticals, a contract producer in Richmond, British Columbia, has responded by scouting Asian markets. “We are now venturing into other markets as we see that we need to pivot,” said Alan Urmeneta, the firm’s partnership sourcing manager. He did not name specific countries. LabelPak Printing Inc., also in British Columbia, buys packaging from Asia and resells it. The company now considers focusing solely on Canada and gradually trimming 15 % of its sales that come from the United States. “If he gets mad … and decides to throw a 50 percent tariff on Canadian goods, it’s going to really put us out of the market,” founder Ken Gallie said. “We are going to put more emphasis on the Canadian business.” Still, firms that built their businesses around U.S. demand cannot replace it overnight, especially the smaller players. Canada’s economy is less than one‑tenth the size of its neighbor’s, and sending goods across oceans costs more than trucking them over a border. Chisholm says several of his clients are opening offices or hiring agents in Europe and Asia to dilute their U.S. exposure. “There are markets all over the world that we have free‑trade agreements with,” he said. “Where can I do business is what many are thinking.” The tariff landscape is forcing hard talks with long‑time customers “We are talking to these businesses and telling them, unfortunately, their government has chosen to have them pay more,” said James White, chief executive of Wellmaster, which makes steel parts for the energy and water‑supply sectors. For Natalie Gaudreault, who runs Fusion TG in Montreal, the squeeze came from two sides. Her firm imports about 70% of its tool steel from China, machines it, and ships a fifth of the output to U.S. buyers. Ottawa imposed a 25 % duty on Chinese steel in October. Trump added his own 25 % charge soon after. Once other taxes are counted, Gaudreault says her product cost in the United States will more than double. “I am not going to absorb the cost. I have to charge it to them,” she said, adding that first‑quarter sales fell one‑third. Some suppliers are even reopening contracts to include tariff‑sharing clauses, a step that can harm trust, said Clifford Sosnow, partner at law firm Fasken. “It’s a hot knife through butter,” he warned. “It doesn’t work without creating damage.” KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

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Crucial Fed Meeting Looms: US Dollar Retreats Amidst Widespread Caution

For anyone navigating the world of cryptocurrencies, understanding broader macroeconomic trends is key. The performance of major fiat currencies, especially the US Dollar , and the decisions made by central banks like the Federal Reserve , significantly influence global liquidity and investor sentiment, which in turn impacts the crypto market. Currently, the US Dollar is showing signs of retreat, a move closely watched by traders worldwide as a crucial Fed meeting approaches. Why is the US Dollar Retreating? The recent pullback in the value of the US Dollar can be attributed to several factors. Market participants are positioning themselves cautiously ahead of the anticipated announcements from the Federal Reserve. There’s speculation regarding the future path of interest rates , and any perceived dovishness or uncertainty from the Fed can lead to a weakening dollar. Key points contributing to the dollar’s current stance: Anticipation of the Federal Reserve’s monetary policy outlook. Recent economic data releases influencing rate hike expectations. Positioning by major players in the Forex market . The Significance of the Upcoming Federal Reserve Meeting The Federal Reserve , often referred to as the Fed, is the central bank of the United States. Its monetary policy decisions have a profound impact on the global financial system. The upcoming Fed meeting is particularly important because it will provide updated guidance on inflation, economic growth, and most critically, the future trajectory of interest rates . What makes this meeting stand out? The market is looking for clear signals: Will the Fed continue its aggressive stance on inflation, suggesting higher rates for longer? Or will recent economic data prompt a more cautious approach, potentially signaling a pause or even future cuts? The language used in the official statement and during the subsequent press conference will be dissected by analysts and traders, setting the tone for market movements across various asset classes, including the Forex market and potentially risk assets like cryptocurrencies. Interest Rates: The Fed’s Primary Tool and Market Focus One of the most powerful tools at the Federal Reserve ‘s disposal is its ability to set and influence short-term interest rates . Higher interest rates generally make dollar-denominated assets more attractive to foreign investors, increasing demand for the US Dollar . Conversely, expectations of lower rates can decrease the dollar’s appeal. The current market focus is intensely on whether the Fed will signal peak rates or indicate that more tightening is needed. This decision directly impacts borrowing costs for businesses and consumers, influences inflation, and dictates capital flows globally. Any shift in the expected path of interest rates can trigger significant volatility in currency pairs within the Forex market . Trader Caution in the Forex Market Given the uncertainty surrounding the Federal Reserve ‘s next steps, traders in the Forex market are exercising considerable caution. This leads to reduced trading volumes, tighter ranges for currency pairs involving the US Dollar , and a reluctance to take large directional bets ahead of the meeting outcome. This cautious sentiment is a direct response to the potential for sharp price swings once the Fed’s decisions are announced. Traders are waiting for clarity on interest rates and the overall economic outlook before committing significant capital. This period of ‘wait and see’ is typical before major central bank events. Challenges and What to Watch The main challenge for traders and investors right now is navigating the uncertainty. Predicting the exact outcome of a Fed meeting and its immediate market reaction is difficult. The Fed’s communication style and the nuances in their language can be as impactful as the decision on interest rates itself. What should you watch for? The official statement: Pay attention to any changes in language describing the economic outlook or inflation. The ‘dot plot’ (if released): This shows Fed members’ projections for future interest rates. The press conference: Listen to the Fed Chair’s commentary for additional context and forward guidance. These elements will provide clues about the future path of the US Dollar and its implications for the broader financial landscape, including the Forex market and related asset classes. Summary The US Dollar ‘s recent retreat reflects widespread anticipation and caution ahead of the critical Federal Reserve meeting. The market is on high alert for signals regarding the future direction of interest rates , which will significantly influence the dynamics of the Forex market and global capital flows. Traders are currently taking a defensive stance, waiting for the Fed to provide clarity before making significant moves. The outcome of this meeting will likely set the tone for financial markets in the coming weeks. To learn more about the latest Forex market trends, explore our articles on key developments shaping the US Dollar and interest rates.

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UK rules out Bitcoin reserves: not ‘appropriate for our market’

The UK government has ruled out creating national cryptocurrency reserves at the moment. Economic Secretary to the Treasury Emma Reynolds expressed negative sentiment towards a Bitcoin ( BTC ) reserve at the FT Digital Asset Summit in London. Responding to questions about whether the UK would follow the U.S. approach of holding Bitcoin on its balance sheet, Reynolds stated , “We don’t think that’s appropriate for our market.” While dismissing the idea of crypto reserves, Reynolds signaled the UK’s openness to leveraging blockchain technology for government finance. She revealed that the government is exploring the use of distributed ledger technology for sovereign debt issuance. Reynolds, former parliamentary secretary at the Treasury, was appointed economic secretary following Tulip Siddiq’s resignation. Reynolds was set to oversee the U.K.’s crypto regulation efforts and central bank digital currency plans. Her appointment came as the government continued pushing for stricter compliance in crypto while aiming to position the U.K. as a digital asset hub. You might also like: IRS crypto unit names Trish Turner as new leader amid policy shifts: report UK and US cooperation The remarks come amid closer digital asset cooperation between the UK and U.S. Reynolds pointed to recent discussions between the UK Chancellor of the Exchequer and U.S. Treasury Secretary Scott Bessent, and confirmed the formation of a “senior official level working group” focused on digital assets. The UK’s stance highlights a divergence from the U.S. strategy on state-level crypto holdings while reinforcing alignment on regulation and DLT experimentation. Reynolds’ comments reinforce the UK’s cautious but active approach to integrating digital assets into its financial infrastructure. You might also like: The UK’s crypto ambitions: Navigating regulatory uncertainty

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World Liberty Financial’s USD1 Cracks Top 10 as Trump-Tied Stablecoin Supply Swells

Latest figures position USD1, the stablecoin linked to the Trump-aligned World Liberty Financial (WLFI), as the seventh-largest stablecoin by market cap—an impressive feat given its rapid rise. WFLI’s USD1 Stablecoin Play World Liberty Financial’s (WLFI) new stablecoin has secured a place among the top ten fiat-pegged cryptocurrencies by market capitalization. The token, USD1, now sits

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XRP Breaks Bitcoin Liquidation Dominance In One Hour

XRP edges out Bitcoin in key liquidation trend as both coins find basis for stability

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