Here's What the Strategic Bitcoin Reserve Could Mean for Bitcoin
Bitcoin (CRYPTO: BTC) is going to be held in a United States Strategic Bitcoin Reserve, according to comments by President Donald Trump and an executive order issued on March 6. This is a watershed moment for the coin, and it might be just the first of a series of similar catalysts if other governments around the world follow suit.Here's how the reserve -- if it comes into being -- could help the king of cryptocurrency, and what you can do to get some upside.Per the White House, the new Strategic Bitcoin Reserve will be stocked with Bitcoin that the Department of Treasury came into the possession of via criminal or civil asset forfeitures, as well as via other avenues that do not involve buying it directly.Continue reading
Bitcoin (CRYPTO: BTC) is going to be held in a United States Strategic Bitcoin Reserve, according to comments by President Donald Trump and an executive order issued on March 6. This is a watershed moment for the coin, and it might be just the first of a series of similar catalysts if other governments around the world follow suit.
Here's how the reserve -- if it comes into being -- could help the king of cryptocurrency, and what you can do to get some upside.
Per the White House, the new Strategic Bitcoin Reserve will be stocked with Bitcoin that the Department of Treasury came into the possession of via criminal or civil asset forfeitures, as well as via other avenues that do not involve buying it directly.
