On May 6, Emma Reynolds, Economics Minister of the UK Treasury, made it clear that the country would not follow the example of the United States in establishing a national cryptocurrency reserve. She pointed out at the summit held in London that although the UK and the United States have established a working group of senior officials to cooperate on digital asset supervision, the UK prefers to include crypto assets into the existing financial regulatory framework and follow the principle of "same risk, same supervision." The UK is exploring the use of distributed ledger technology to issue sovereign debt and expects to identify technology suppliers by the end of summer. Reynolds emphasized that the UK will not copy the special legislative model of the EU MiCA Act, but will adjust existing regulations based on a result-oriented basis. For decentralized assets such as Bitcoin, she admitted that there are regulatory limitations and the government's intervention is limited.