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U.S. Bitcoin Strategic Reserve: What Is It and How Does It Work?

From financemagnates.com

Last year on the campaign trail, President-elect Trump promised to establish a “strategic national Bitcoin reserve.” He confirmed this intention after winning the election, much to the delight of cryptocurrency enthusiasts worldwide. In a recent interview with Bloomberg TV, Binance CEO Richard Teng discussed what US regulations and a crypto reserve could mean for markets, “The year ended with the election of a pro-crypto president, President Trump, and that gave good optimism into this space. And I predict it’s going to be the start of the golden era of crypto. I think that momentum continues.” Teng added, “If you ... (full story)

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  • Category: Fundamental Analysis