UK Treasury Confirms Rejection of National Cryptocurrency Reserve

By: coincu news|2025/05/07 01:45:01

At the Financial Times Digital Asset Summit in London, UK Treasury Economic Secretary Emma Reynolds declared the UK will not establish a national cryptocurrency reserve. Instead, the focus is on incorporating crypto assets into existing financial regulations. This choice highlights the UK’s distinct approach from the United States. The UK Embraces Regulatory Frameworks Over Crypto Reserves Emma Reynolds outlined the UK’s strategy of adapting existing regulations for digital assets at the summit in London. The plans exclude adopting a national cryptocurrency reserve, unlike the United States’ consideration of such a measure for Bitcoin. This decision reinforces the UK’s cautious regulatory stance on digital assets, aiming for the “same risk, same regulation” principle. UK’s Approach to Sovereign Debt and Distributed Ledger Technology The UK’s plan involves exploring distributed ledger technology to issue sovereign debt by summer’s end. Reynolds emphasized the focus on regulatory framework adjustment rather than emulating the EU’s MiCA Act. Major crypto figures have not made public comments, but this direction aligns with the UK’s historical regulatory conservatism. According to CoinMarketCap, Bitcoin’s current price is $94,601.96, reflecting a 0.52% rise in 24 hours. Its market cap reaches 1.88 trillion , while the 24-hour trading volume stands at 22.67 billion after a 13.84% decline. Coincu research indicates that UK’s strategy fosters regulatory consistency, potentially stabilizing market expectations. UK’s Cautious Optimism and Market Implications Did you know? The UK’s cautious approach to cryptocurrency regulation contrasts sharply with the more aggressive strategies being considered in other countries. According to CoinMarketCap, Bitcoin’s current price is $94,601.96, reflecting a 0.52% rise in 24 hours. Its market cap reaches 1.88 trillion , while the 24-hour trading volume stands at 22.67 billion after a 13.84% decline. This decision reinforces the UK’s cautious regulatory stance on digital assets, aiming for the “same risk, same regulation” principle.

OpenClaw is a rapidly growing open-source AI agent that can autonomously execute tasks and interact with software, including connecting to crypto exchanges through APIs to analyze markets and automate trading strategies. While this creates new opportunities for smarter trading, it also introduces security and operational risks. Through this article, WEEX aims to help users better understand the potential and risks of AI trading agents so they can explore new technologies while trading more safely and responsibly.

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WEEX P2P update: Country/region restrictions for ad posting

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

II. Applicable scenarios

The following are some common scenarios:

III. How to get started

On the ad posting page, find "Trading requirements":

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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