Rejected petition Create a UK Strategic Cryptocurrency Reserve

A strategic cryptocurrency reserve could serve as a progressive economic tool for a government, offering a hedge against inflation and currency devaluation in an increasingly digital global economy.

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By holding a reserve of cryptocurrencies, such as BTC & ETH, We could protect our fiscal sovereignty, especially in the face of volatile fiat markets or geopolitical instability. It could position the nation as a leader in adopting innovative financial technologies. Over time, as cryptocurrency adoption grows, this strategic reserve could appreciate significantly, providing a valuable asset base to fund public initiatives or stabilize the economy during crises.

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition which calls for similar action:

Establish a Strategic Digital Assets Reserve
https://petition.parliament.uk/petitions/706344

We only reject petitions that don’t meet the petition standards.