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Senator Lummis Pushes Gold Revaluation to Bypass 15% Seized Bitcoin Bottleneck – MAXBIT
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4 Articles
U.S. Bitcoin Reserve to Expand via Seized Assets, Says Treasury Secretary
The U.S. Treasury confirmed plans to expand the Bitcoin reserve using seized assets after initial remarks suggested no purchases. Treasury Secretary Scott Bessent clarified that forfeited bitcoin would form the foundation of the Strategic Bitcoin Reserve. He added that budget-neutral methods to increase holdings remain under consideration. Clarification on the Strategic Bitcoin Reserve Bessent posted on social media platform X to address confusi…
Senator Lummis Pushes Gold Revaluation to Bypass 15% Seized Bitcoin Bottleneck – MAXBIT
Treasury Secretary Scott Bessent confirmed the US will not purchase Bitcoin (BTC) to build its Strategic Bitcoin Reserve (SBR). Instead, it will rely solely on assets from legal seizures. This approach has sparked criticism for potentially limiting reserve growth. As the debate in Washington shifts to how the country might still strengthen its position in...
The US Treasury Secretary states that the institution is looking for new ways to acquire bitcoin (BTC). Is it a real ad or a communication effect? The US Treasury is looking to bypass the limitations to acquire bitcoin (BTC) appeared first on Cryptoast.
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