U.S. Strategic Bitcoin Reserve to be Funded in Part by Reassessing Fed Gold
Bitget2024/07/30 20:16
According to draft legislation obtained by CoinDesk, Senator Cynthia Lummis (D-CA) has said that the purchase of bitcoin as a new strategic reserve would be funded in part by a revaluation of the Federal Reserve's gold. The plan proposes a "bitcoin purchase programme" of up to 200,000 BTC per year for five years.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AR Breaks Through $20
Bitget•2024/09/08 20:18
NFT lending platform Blend surpasses $6.8 billion in total transaction volume
Bitget•2024/09/08 20:18
BTC breaks through $54,500
Bitget•2024/09/08 20:17
