UK Government Looks To Offload $7 Billion Seized Bitcoin – Details

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The UK government is reportedly planning to sell billions of dollars worth of Bitcoin (BTC) in a bid to support public spending. This development comes following Bitcoin’s latest success in establishing a new all-time high at $123,091. UK Chancellor Turns To Crypto Proceeds To Plug Financial Holes – Report According to a report by local media Telegraph, the UK Home Office is presently exploring means to offload at least £5 billion ($6.71 billion) in seized BTC as the Labor-led government reporte...