Devere Group CEO urges UK government to create national Bitcoin reserve

Nigel Green, CEO of independent wealth management and financial advisory agency Devere Group, called on the UK government to establish a national Bitcoin reserve. Green stressed that as the price of Bitcoin approaches $100,000, it has the potential to strengthen the UK's economic position. He described the opportunity for British Prime Minister Keir Starmer to take the lead in implementing a revolutionary financial strategy, commenting: "The United States is already moving in this direction. President-elect Trump, now known as the 'Crypto President', has pledged to establish a national Bitcoin reserve, laying the foundation for this goal." Green warned that the UK cannot be complacent in the race for economic innovation and autonomy. He believes that Bitcoin's unique characteristics, including its decentralized framework, limited supply and anti-inflation properties, make it a unique asset, and "Having Bitcoin as a strategic reserve can transform the UK's fiscal strategy, providing a hedge against traditional market volatility and currency devaluation." (Bitcoin.com)