Written Question·Treasury·UIN 50963
Bitcoin: Reserves
Tabled: 8 May 2025
Answered: 13 May 2025
Question
Ben Obese-Jecty
Conservative — Huntingdon
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential (a) merits and (b) impact on the economy of using unclaimed digital assets to establish a bitcoin reserve fund.
Answer
Emma ReynoldsHM Treasury currently has no plans to establish a bitcoin reserve fund. The UK’s official reserves comprise foreign currency assets (cash, bonds and notes), gold assets and International Monetary Fund (IMF) Special Drawing Rights (SDR), which are held in ...
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