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The Independent UK
The Independent UK
National
Archie Mitchell

Why the UK government could be set for £5 billion boost

Rachel Reeves United Kingdom Hans Lucas Crypto
Bitcoin is often referred to as 'digital gold' due to its finite supply - (Romain Costaseca / Hans Lucas / Hans Lucas via AFP)

Rachel Reeves is reportedly eyeing a £5bn windfall from the sale of seized cryptocurrency to help fill a gap in public finances.

The Home Office is working with police forces to offload at least £5bn worth of Bitcoin and other digital currencies confiscated from criminals.

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