ukbtc

According to the Telegraph, British Chancellor of the Exchequer Rachel Reeves plans to sell £5 billion worth of seized Bitcoin$BTC assets to close a massive gap in public finances.
The Ministry of Internal Affairs, together with the police forces, has begun work to establish an official system to sell this large cryptocurrency stock.
The total value of the cryptocurrencies seized by police is unknown, but in 2018 alone, 61,000 Bitcoins belonging to a China-based pyramid scheme were seized. At the time, the assets were worth around £270 million, but with Bitcoin reaching $123,000 (about £92,000) last week, they are now worth more than £5.4 billion.
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