kindred
@kindred
UK finance minister Rachel Reeves plans to sell seized Bitcoin to fix budget gaps. The stash, worth over £5 billion, includes 61,000 BTC from a 2018 Chinese Ponzi scheme. Its value has jumped 20 times since seizure. The Home Office is creating a crypto custody and disposal framework for the sales. A £40 million cap is set for handling fees. Bidding is now open for the project.
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