💰Tax and Financial Dynamics: The UK is considering selling £5 billion worth of Bitcoin assets


The UK Treasury is assessing the sale of Bitcoin assets seized by the police, valued at over £5 billion, to alleviate national financial pressure. This batch of assets mainly includes Bitcoins seized in 2018, which have now appreciated by more than 20 times. The UK is promoting the establishment of a "cryptocurrency asset custody and disposal framework" to prepare for the unified management of the sales process for such assets, and is currently inviting bids, with anticipated revenue for public spending. This action reflects the new role of cryptocurrency assets in global fiscal strategies.
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