tldr; The Trump administration is committed to building a Strategic Bitcoin Reserve, as confirmed by Robert “Bo” Hines, executive director of the US President’s Council of Advisers on Digital Assets. While a recent White House report did not mention the reserve, Hines assured that efforts are ongoing to establish the necessary infrastructure. The administration also supports innovation in other blockchain ecosystems but did not specify altcoins. The US government reportedly holds around 198,000 BTC, valued at $2.35 billion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
inShambles3749 on
I thought the strategic reserve won’t be filled with buys but only with confiscated funds
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tldr; The Trump administration is committed to building a Strategic Bitcoin Reserve, as confirmed by Robert “Bo” Hines, executive director of the US President’s Council of Advisers on Digital Assets. While a recent White House report did not mention the reserve, Hines assured that efforts are ongoing to establish the necessary infrastructure. The administration also supports innovation in other blockchain ecosystems but did not specify altcoins. The US government reportedly holds around 198,000 BTC, valued at $2.35 billion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I thought the strategic reserve won’t be filled with buys but only with confiscated funds