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President Trump's plan to create a strategic reserve of digital coins has run into a significant roadblock – and it's called the US Congress, On The Money has learned.
Similar to the Strategic Petroleum Reserve, which protects the U.S. economy from disruptions in oil supplies, a national crypto reserve would help diversify government holdings and hedge against ...
President Trump on Sunday named five cryptocurrencies under consideration for a new U.S. "strategic reserve," sending their values skyrocketing and partly reversing a recent slump. In a post on ...
Some crypto executives have floated the idea of creating a specific tax to fund a reserve, such as taxing transactions involving the $27.6 trillion stablecoin market.
The prospect of a federal strategic reserve is a major step in President Trump's vision to establish the U.S. as the crypto capital of the world and could be a game changer for the industry.
The announcement comes months after reports of a federal strategic Bitcoin reserve, as some members of government advocated for Trump's administration to create a crypto reserve held by the U.S ...
President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial ...
Bitcoin dominance fell below 50% as US President Donald Trump announced a Crypto Strategic Reserve that would also include Ether, XRP, Solana and Cardano.
Texas Senate Bill 21 (SB-21), establishing a Bitcoin and cryptocurrency strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor ...
Patrick Witt, deputy director of the White House Council on Digital Assets, said Wednesday that the administration is pursuing a “accumulation plan” to acquire Bitcoin BTC/USD for the ...
The Trump White House recently announced a project that the crypto industry loves, skeptics hate, and that most people, reasonably, don’t really care about: a “bitcoin strategic reserve.” ...
View of a pile of trash collected around South Florida, at the Miami-Dade Resources Recovery Facility in Doral, on Friday April, 14, 2022, less than a year before a fire shut down the facility in ...