UK Treasury Secretary Dismisses Creation of US-Like National Crypto Reserve

By: gadgets 360|2025/05/07 00:00:01

The UK, that is eyeing to finalise its crypto regulations by 2026, has dismissed the creation of a national crypto reserve. Emma Reynolds, the Economic Secretary to the Treasury, spoke about the country's stance on accumulating a crypto stockpile at the Financial Times Digital Asset Summit in London on Tuesday. The statement comes after the New York Department of Financial Services (DFS) and the Bank of England (BoE) announced a transatlantic regulatory exchange to "harmonise" digital asset legislation in January this year. Reynolds said that stockpiling crypto was not appropriate for the UK market and as such a step in that direction was not part of the country's crypto plans for now, Decrypt reported . She did not elaborate on the reasons for dismissing the idea. US President Donald Trump created history when he announced two strategic reserves for cryptocurrencies earlier this year. While one is dedicated to accumulating Bitcoin, the oldest and most expensive crypto asset, the other will pile up altcoins. The US has decided to put seized crypto assets into these reserves rather than using taxpayers' money to purchase new tokens. It is estimated that as of March, Bitcoin had over 200,000 BTC tokens amounting to over $17 billion (roughly Rs. 1,53,161 crore). While the UK has decided not to mirror the US in this arena, President Trump's decision did manage to open discussions around crypto reserves in many parts of the world. The dialogue around following US' footsteps have seen support in regions like the Czech Republic and Hong Kong. The volatility of the crypto sector, however, continues to keep many nations cautious about linking crypto to their national reserves. Earlier in March, the Swiss National Bank rejected the idea of hoarding crypto. Poland and Japan have also reportedly dismissed adding crypto to the list of their respective reserved assets. Last month, Polygon founder Sandeep Nailwal, in conversation with Gadgets 360, advised India to consider allocating small investments into crypto reserves, but financial analyst Nemin Shah said there was no urgency for the country to rush into the experiment. For now, the US is the only country with crypto reserves. Reynolds did however say that the UK completely supported the US on increasing Web3-focussed collaborative efforts. She cited the example of the transatlantic regulatory exchange, as part of which, the NY DFS and the BoE agreed to exchange senior staff officials proficient in managing digital assets and emerging payments. The UK is internally exploring the potential of issuing blockchain-based sovereign debt. As per the Decrypt report, Reynolds has said that the UK government is set to appoint a supplier in the summer this year. She also said that UK's crypto rules would not be inspired by EU's MiCA regulations.

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.

2025 Full-Year Financial Highlights

Revenue: Expected to be between $39 million and $41 million, reaching a new company high.

Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.

Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.

Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.

Core Consumer Food Business Performance

In 2025, DDC's core consumer food business maintained strong operational performance.

The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.

In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.

Bitcoin Reserve Update

In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.

As of December 31, 2025: The company holds 1,183 BTC.

As of February 28, 2026: Holdings increased to 2,118 BTC

Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC

DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."

Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation

About DDC Enterprise Limited

DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.

The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins