Petition · HM Treasury

Establish a Strategic Cryptocurrency Reserve from confiscated, forfeited crypto

Open for signatures 11 signatures

What the petition asks

We ask HM Treasury to create a Strategic Cryptocurrency Reserve using cryptocurrency, such as Bitcoin, lawfully confiscated, forfeited, or already held by the state, rather than automatically selling it. We think it could strengthen long term fiscal resilience and UK digital competitiveness by 2030.
The UK Government currently confiscates and sells cryptocurrency such as Bitcoin obtained through criminal seizures and forfeiture.

We believe HM Treasury should instead establish a Strategic Cryptocurrency Reserve using lawfully confiscated or state held cryptocurrency, similar to how nations manage strategic assets.

Rather than automatically selling cryptocurrency, the UK should assess if retaining a portion in the Bank of England could strengthen long term fiscal resilience, financial innovation, rivalry and national security.

Timeline

27 Jul 2026 Petition opened for signatures

Key facts

Signatures 11
Status Open for signatures
Department HM Treasury
Opened 27 Jul 2026

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Source: the official petition page. Last checked 28 Jul 2026.