Financial Insights That Matter
The feasibility of Donald Trump’s ambition to create a national reserve of Bitcoin is still being studied by officials in the administration, White House crypto czar David Sacks said as he met with lawmakers to advance the new president’s policies on digital assets.
“That is one of the first things we’re going to look at as part of the internal working group in the administration,” Sacks said of a potential Bitcoin reserve at a press conference in Washington on Tuesday. “We’re still waiting for some cabinet members who are on the working group to get confirmed, so we’re still in the very early stages of this. But that is one of the first things we’re going to look at.”
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