According to Michael Saylor, the co -founder of the strategy, the British bank can soon add Bitcoin to the reserves. He commented on Bitcoin in 2025 at Las Vegas, a British leader, Nigel Farage.
Farage said the UK wants to hold the British Bank of the Bitcoin Digital Protection Zone. It also introduced a bill that reduces capital gain taxes from 24%to 10%.
Saylor’s view of Bitcoin reserves
Saylor described Bitcoin as “ultimate capital of capital.” He said investors should think about moving money from regular currencies and bonds to encryption. His company’s strategy has been buying Bitcoin for many years.
British banks that buy Bitcoin…pic.twitter.com/8mdxj0sz5l
-Michael Saylor (@saylor) May 30, 2025
Based on the report, US regulators now allow banks to retain and trade. Therefore, the likelihood of a large institution will be increased. If the British bank buys Bitcoin, there will be a big change. The central bank usually adheres to gold or government bonds. If you change the small reserves to Bitcoin, you can change how people see digital coins.
Image: Blueberry
Reform the UK encryption plan
Reformed England began its encryption donation and became the first British party. Farage said the bank should not close an account for those who buy or sell encryption.
He proposed to allow taxpayers to pay tax bills from Bitcoin. The proposed encryption assets and digital financial legislation will establish new rules to protect encryption users and encourage the company to provide encryption services.
Zia Yusuf, chairman of the UK, said that reducing cryptographic taxes can bring wealthy entrepreneurs to the UK. He pointed out that many wealthy people leave for low taxes on digital assets.
Tax reduction to attract entrepreneurs
The report says the UK wants to fall to 10%, down 24%, which has reduced capital gains on encryption. Yusuf said that this change could reverse the trend of talented people leaving England.
You can stay here or move here after seeing that companies can maintain more profits. It can lead to more jobs and more technical startups. Critics, however, warned that tax reductions could be drilled in government income. As a result, the Treasury may need to find money elsewhere or cut services elsewhere.
Chart of TradingView, the main image of Unsplash
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