Odaily News Emma Reynolds, the UK's economic secretary to the Treasury, made it clear that the country would not follow the US in establishing a national cryptocurrency reserve. She pointed out that the plan is not suitable for the UK market, and although the UK's digital asset reserves have not yet been realized, the country is considering "the possibility of issuing sovereign debt through the use of distributed ledger technology." Reynolds emphasized that the UK will not copy the special legislative model of the EU MiCA Act, but will adjust existing regulations based on results. For decentralized assets such as Bitcoin, she admitted that there are regulatory limitations and that the government can only take limited intervention measures. (Decrypt)