The UK Treasury has clearly stated: it will not reserve Bitcoin and will explore DLT technology for the issuance of sovereign debt.

According to the Gate.io News bot news, Decrypt reported that Emma Reynolds, the Economic Secretary to the Treasury of the UK, announced at the Financial Times Digital Asset Summit in London that the UK will not follow the US government's reserve of Bitcoin, explicitly stating, "This is not our plan."

Reynolds pointed out that the UK market is currently not suitable for holding Bitcoin. However, the UK will maintain cooperation with the US in the digital asset field, and both sides have formed a working group of senior officials, planning to hold a "regulatory forum" in June.

At the same time, the UK is advancing the application of distributed ledger technology (DLT) in sovereign debt issuance, with relevant suppliers expected to be determined by the end of this summer. Reynolds added that the UK will not directly adopt the EU's MiCA regulatory framework but will choose to manage digital assets under the existing traditional financial regulatory system.