Question to the HM Treasury:
To ask His Majesty's Government, further to the Written Answer by Lord Livermore on 19 December 2024 (HL3296), what advice they have sought on establishing a strategic Bitcoin reserve for the United Kingdom; and whether they have had discussions with the government of the United States of America about any potential benefits this might offer the United Kingdom.
As set out in my previous response, HM Treasury currently has no plans to adopt a strategic bitcoin reserve.
The UK and US have a close and historic relationship and hold regular engagement. We will not comment on hypothetical policy positions.