The UK has ruled out the possibility of having a Strategic Bitcoin or crypto reserve, unlike the U.S.
On May 6, speaking at the Financial Times Digital Asset Summit in London, Economic Secretary to the Treasury, Emma Reynolds, MP, said, “We don't think that's appropriate for our market.”
Reynolds said the U.S. has changed course under President Trump but added: “That’s not the plan for us.” Although the U.K. isn’t as quick to follow Washington’s lead on Bitcoin accumulation, it is aligned with the U.S. when it comes to regulatory cooperation, Reynolds explained.
She also noted that talks between British and American officials were continuing and a “regulatory forum” was in the works and planned for a June debut.
The UK is considering more immediate uses for blockchain. Reynolds said that the government is currently seeking a provider to issue sovereign debt via distributed ledger technology, with the contract due to be signed in the late summer.
The UK is also going in a different direction to the EU’s MiCA framework, preferring a more principles-based approach grounded in its current financial regulation. The MiCA regulation applies to cryptocurrency issuers, including stablecoins, utility tokens, and asset-referenced tokens.
“Same risk, same regulatory approach,” Reynolds said, arguing that crypto firms ought to be governed by regulations similar to traditional finance.
However, she acknowledged that completely decentralized systems such as Bitcoin raise their own set of regulatory challenges. “Some of this stuff is a little bit amorphous,” Reynolds said, adding, “There’s only so much the government can do.”
5. Ally Financial (ALLY)
Ally Financial is a financial services company that had $191.8 billion in assets at the end of 2024. Its business includes the largest all-digital bank in the U.S. and an automotive financing and insurance business. Berkshire held 29 million shares worth nearly $970 million at the end of December 2024.
6. The Coca-Cola Co. (KO)
Coca-Cola is one of the most well-known brands in the world and its beverages account for 2.2 billion of the estimated 64 billion servings of all beverages consumed worldwide every day. Coca-Cola qualifies as a “Dividend King” because it has paid and raised its annual dividend for at least 50 consecutive years. The company is one of the longest-held Berkshire positions, dating back to the late 1980s, when Buffett started buying the stock. Its 400 million shares were worth almost $28.7 billion at the end of December 2024.
7. Citigroup (C)
Citigroup is a global financial services company whose businesses include consumer banking, investment banking, brokerage, wealth management and more. The company generated about $12.7 billion in net income in 2024. Berkshire has held Citigroup shares since the first quarter of 2022, and its stake was worth about $1 billion at the end of December 2024.
8. Bank of America (BAC)
Bank of America is one of the largest banks in the U.S. and offers a variety of financial services to individuals, businesses, governments and institutional investors. The company generated about $27.1 billion in net income in 2024. Bank of America is one of Berkshire’s largest holdings, with a stake worth about $28 billion at the end of December 2024.
9. The Kroger Co. (KR)
Kroger is one of the largest supermarket chains in the country, with stores in 35 states and the District of Columbia. The company operated more than 2,700 supermarkets as of May 2025, the majority of which also have pharmacies and fuel centers. Kroger generated about $147 billion in sales during fiscal 2024. Berkshire’s stake in the company was worth about $3.6 billion at the end of December 2024.
10. Chubb (CB)
Chubb is a global insurance and reinsurance company with assets of $246.5 billion at the end of 2024. The company is considered a “Dividend Aristocrat” because it has raised its annual dividend for at least 25 consecutive years. Berkshire’s stake in Chubb was worth about $7.8 billion at the end of December 2024.
Bottom line
Dividend stocks are a great way to generate passive income from your portfolio, and they make for great long-term investments. However, keep in mind that dividends are not guaranteed and can be cut or eliminated altogether if the company’s financial performance deteriorates. Be sure to thoroughly research any company before investing in its stock and consult a financial advisor if you have questions.
This article has been published in bankrate.com via Yahoo News.
On May 6, speaking at the Financial Times Digital Asset Summit in London, Economic Secretary to the Treasury, Emma Reynolds, MP, said, “We don't think that's appropriate for our market.”
Reynolds said the U.S. has changed course under President Trump but added: “That’s not the plan for us.” Although the U.K. isn’t as quick to follow Washington’s lead on Bitcoin accumulation, it is aligned with the U.S. when it comes to regulatory cooperation, Reynolds explained.
She also noted that talks between British and American officials were continuing and a “regulatory forum” was in the works and planned for a June debut.
The UK is considering more immediate uses for blockchain. Reynolds said that the government is currently seeking a provider to issue sovereign debt via distributed ledger technology, with the contract due to be signed in the late summer.
The UK is also going in a different direction to the EU’s MiCA framework, preferring a more principles-based approach grounded in its current financial regulation. The MiCA regulation applies to cryptocurrency issuers, including stablecoins, utility tokens, and asset-referenced tokens.
“Same risk, same regulatory approach,” Reynolds said, arguing that crypto firms ought to be governed by regulations similar to traditional finance.
However, she acknowledged that completely decentralized systems such as Bitcoin raise their own set of regulatory challenges. “Some of this stuff is a little bit amorphous,” Reynolds said, adding, “There’s only so much the government can do.”
5. Ally Financial (ALLY)
Ally Financial is a financial services company that had $191.8 billion in assets at the end of 2024. Its business includes the largest all-digital bank in the U.S. and an automotive financing and insurance business. Berkshire held 29 million shares worth nearly $970 million at the end of December 2024.
6. The Coca-Cola Co. (KO)
Coca-Cola is one of the most well-known brands in the world and its beverages account for 2.2 billion of the estimated 64 billion servings of all beverages consumed worldwide every day. Coca-Cola qualifies as a “Dividend King” because it has paid and raised its annual dividend for at least 50 consecutive years. The company is one of the longest-held Berkshire positions, dating back to the late 1980s, when Buffett started buying the stock. Its 400 million shares were worth almost $28.7 billion at the end of December 2024.
7. Citigroup (C)
Citigroup is a global financial services company whose businesses include consumer banking, investment banking, brokerage, wealth management and more. The company generated about $12.7 billion in net income in 2024. Berkshire has held Citigroup shares since the first quarter of 2022, and its stake was worth about $1 billion at the end of December 2024.
8. Bank of America (BAC)
Bank of America is one of the largest banks in the U.S. and offers a variety of financial services to individuals, businesses, governments and institutional investors. The company generated about $27.1 billion in net income in 2024. Bank of America is one of Berkshire’s largest holdings, with a stake worth about $28 billion at the end of December 2024.
9. The Kroger Co. (KR)
Kroger is one of the largest supermarket chains in the country, with stores in 35 states and the District of Columbia. The company operated more than 2,700 supermarkets as of May 2025, the majority of which also have pharmacies and fuel centers. Kroger generated about $147 billion in sales during fiscal 2024. Berkshire’s stake in the company was worth about $3.6 billion at the end of December 2024.
10. Chubb (CB)
Chubb is a global insurance and reinsurance company with assets of $246.5 billion at the end of 2024. The company is considered a “Dividend Aristocrat” because it has raised its annual dividend for at least 25 consecutive years. Berkshire’s stake in Chubb was worth about $7.8 billion at the end of December 2024.
Bottom line
Dividend stocks are a great way to generate passive income from your portfolio, and they make for great long-term investments. However, keep in mind that dividends are not guaranteed and can be cut or eliminated altogether if the company’s financial performance deteriorates. Be sure to thoroughly research any company before investing in its stock and consult a financial advisor if you have questions.
This article has been published in bankrate.com via Yahoo News.
