Why Donald Trump’s bitcoin reserve wouldn’t work in the UK

Debates over a government bitcoin reserve have swelled up this week after former president Donald’s Trump’s comments at a bitcoin convention over the weekend. Meanwhile, a new government in the UK with ambitious spending plans is leaving many wondering whether Britain should sell its bitcoin. Currently, the UK government holds over 60,000 bitcoin worth over £3bn, which have been seized from criminals over the years, mostly as part of a money laundering case against hospitality worker Jian Wen. For more on the story 👇 https://www.cityam.com/why-donald-trumps-bitcoin-reserve-wouldnt-work-in-the-uk/ Get more of City A.M. 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam Produced by: Elliot Gulliver-Needman, Scarlett Wild, Larissa Howie #politics #trump #donaldtrump #bitcoin #bitcoinconference #cryptocurrency #crypto #news #finance #investment #bankofengland #trendingnews #newsexplained #usa #uk