Category: Reserve
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Wyoming Introduces Bitcoin Strategic Reserve Bill
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Seeking to further position Wyoming at the forefront of Bitcoin innovation, new representative Jacob Wasserberger said (@jacob4wyoming) and I submittedState funds – Bitcoin investment law” (HB0201), a bill aimed at creating a strategic bitcoin reserve for the state. Following in the footsteps of groundbreaking bitcoin legislation previously passed in Wyoming,…
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Texas Aims To Pioneer Strategic Reserve
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With the inauguration of President Donald Trump just days away, Bitcoin and blockchain supporters are gearing up for cryptocurrency-friendly policies. The state of Texas is at the forefront of this mission, as Senator Charles Schwertner announced a draft law to launch his first project Bitcoin reserves nationwide. In a post…
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US Government To Release Half Its Bitcoin Intended for Trump’s Strategic Reserve
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Follow Nicholas on ? here for daily posts Earlier this morning, the US government announced via a court document that the bitcoin stolen from the Bitfinex hack in 2016 should be returned to the exchange in kind. This Bitcoin, as it appears publicly on the blockchain via Arkham Intelligencea total…
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US Government To Release Half Its Bitcoin Intended for Trump’s Strategic Reserve
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Follow Nicholas on ? here for daily posts Earlier this morning, the US government announced via a court document that the bitcoin stolen from the Bitfinex hack in 2016 should be returned to the exchange in kind. This Bitcoin, as it appears publicly on the blockchain via Arkham Intelligencea total…
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Bhutan’s Strategic Reserve Gets A Boost
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Bhutan continues to leverage new technologies, especially Bitcoin and blockchain, to boost its economy. According to multiple reports, Gelephu Mindness City (GMC) is ready to integrate digital assets such as Bitcoin, BNB, and Ethereum into its strategic reserve. The Mindfulness City near Gelephu is a newly created special administrative region…
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Steve Hanke Is Wrong About the Strategic Bitcoin Reserve
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Steve Hanke is wrong about something related to Bitcoin again. that it The idea of the United States creating a Strategic Bitcoin Reserve (SBR) has recently been targeted. In the video embedded in Saying that Bitcoin doesn’t build factories, create jobs, or drive innovation. US Bitcoin Strategic Reserve = Stupid…
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Bitcoin Reserve Process Begins In 14 US States This Month
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Dennis Porter, co-founder and president of the 501(c)(4) non-profit Satoshi Action Fund, revealed a major development in Bitcoin initiatives at the US state level. On December 7, via X, he Announce“The 14th State is now preparing to introduce “Bitcoin Strategic Reserve” legislation.” Previously, Porter revealed that he was working with…
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Bitcoin Reserve Possible Under New Canadian PM: Expert
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According to several reports, Canadian Prime Minister Justin Trudeau may step down soon, which could open the door to a more Bitcoin-friendly government. According to Reuters, “It is increasingly likely that Trudeau will announce that he intends to step down,” although a final decision has not yet been made. A…
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Strategic Bitcoin Reserve Proposed By Chilean Lawmakers
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Several Chilean lawmakers are currently pushing for legislation that would create a Strategic Bitcoin Reserve (SBR), according to details shared by state mining lobbyist Andrés Villagran. Revealing his progress via X, Villagran explained that he was meeting with several officials to defend the potential economic benefits of Bitcoin. Chile’s path…
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Binance Stablecoin Reserve At Record
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Data suggests that stablecoin reserves on Binance have risen to a new record high recently, a potentially bullish sign for Bitcoin and other coins. The stablecoin reserve on Binance has been growing rapidly recently As one of the analysts at CryptoQuant Quicktake explained mailRecently, Binance’s stablecoin reserve has risen. The…
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Binance Stablecoin Reserve At Record
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Data suggests that stablecoin reserves on Binance have risen to a new record high recently, a potentially bullish sign for Bitcoin and other coins. The stablecoin reserve on Binance has been growing rapidly recently As one of the analysts at CryptoQuant Quicktake explained mailRecently, Binance’s stablecoin reserve has risen. The…
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Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report
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This article is also available in Spanish. According to another a report By Japanese currency publication CoinPostJapanese Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to create a national Bitcoin (BTC) reserve. Ishiba is hesitant about Bitcoin reserve plans While some policymakers in Japan are calling…
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Federal Reserve to Own Bitcoin? Lummis Proposes Change
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In an interview with Yahoo Finance, US Senator Cynthia Lummis of Wyoming introduced a proposal to give the Federal Reserve the authority to hold Bitcoin as part of the official US reserves. It argues that this approach could improve the country’s long-term financial stability, strengthen the global role of the…
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I don’t support a Strategic Bitcoin Reserve, and neither should you
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Recently, the notion of a Strategic Bitcoin Reserve has begun to animate Bitcoiners. Trump has advocated for holding a stockpile of seized Bitcoins, but certain proposals have gone further. Now, draft legislation like Senator Lummis’ BITCOIN Act proposes that the US government acquire 1m BTC over five years. Among Bitcoin…
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Nic Carter Is Wrong About the US Strategic Bitcoin Reserve
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When I saw Nick Carter Recent Bloomberg interviewI couldn’t help but shake my head. Nick, who has been a long-time Bitcoin supporter and someone I respect, said the US should not and will not buy Bitcoin for its strategic reserves because it would supposedly signal a weaker dollar on the…
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Bitcoin Policy Institute Develops Executive Order Draft For Trump’s Strategic Reserve
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A newly disclosed public document reveals that the Bitcoin Policy Institute, a US research and advocacy group, has drafted an executive order aimed at classifying Bitcoin as a currency. Strategic reserve assets. This proposed order is designed to take effect immediately upon signing by President-elect Donald Trump on his first…
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Bitcoin Reserve Proposed By French MEP To Bolster EU
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French Member of the European Parliament (MEP), Sarah Knafo, delivered a high-level speech, urging the European Union (EU) to adopt a “strategic Bitcoin reserve” as part of a broader effort to promote financial independence and combat inflationary pressures. A French judge and member of the Court of Accounts, Knafo’s background…
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Bitcoin surges above $106,000 on strategic reserve hopes
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(Reuters) – Bitcoin rose to a record high above $106,000 in early Asian trading on Monday, buoyed by comments from President-elect Donald Trump that he plans to create a US strategic reserve of bitcoin similar to the Strategic Oil Reserve. Bitcoin, the world’s largest and most popular cryptocurrency, reached a…
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Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy
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In a significant step toward creating a US Strategic Bitcoin Reserve, Senator Cynthia Lummis recently met with new Treasury Secretary Scott Besent, according to a recent report. Social media sharing On X (formerly Twitter) where Loomis expressed optimism about Bessent’s potential support for digital assets, especially BTC. Trump rings the…