{"id":133526,"date":"2024-07-19T20:20:40","date_gmt":"2024-07-19T17:20:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133526"},"modified":"2024-07-19T20:20:40","modified_gmt":"2024-07-19T17:20:40","slug":"will-the-uk-sell-their-bitcoin-amid-economic-pressures","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/will-the-uk-sell-their-bitcoin-amid-economic-pressures\/","title":{"rendered":"Will the UK Sell Their Bitcoin Amid Economic Pressures?"},"content":{"rendered":"
Rachael Reeves, the new Chancellor of the Exchequer, is facing<\/a><\/strong> economic challenges and may use the UK\u2019s substantial Bitcoin<\/a><\/strong> reserves, valued around $5 billion, to fund her plans.<\/p>\n This potential sale could cause a significant drop in Bitcoin\u2019s price, similar to the market impact seen after Germany\u2019s move.<\/p>\n Reeves, formerly with the Bank of England, is evaluating whether to liquidate these assets, which were obtained through legal actions against a major money launderer.<\/p>\n