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Benzinga
Benzinga
Business
Aniket Verma

Peter Schiff Says UK's Plan to Sell $6.7 Billion In Seized Bitcoin Could Help Budget: 'I Hope The US Doesn't Buy It For The Strategic Reserve'

Musk Poll Backs New Party, Embraces Bitcoin

Economist Peter Schiff on Sunday called the UK’s purported plan to sell almost $6.70 billion in stolen Bitcoin (CRYPTO: BTC) a “right” approach to address their budget deficit.

What Happened: Schiff took to X to comment on The Telegraph’s report that UK Chancellor Rachel Reeves is considering selling the BTC stash recovered by police to help close a fiscal gap.

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