Trump: The United States discussed assembling a large Bitcoin reserve 🇺🇸₿
When asked whether the U.S. government had plans to accumulate a large amount of Bitcoin, President Donald Trump said the matter “has been discussed.” He also described Bitcoin as “very helpful” to the U.S. dollar and said he would listen to specific proposals.
However, no specific purchase amount or timeline has been announced. Therefore, these statements should be viewed, for now, as more of a policy signal than a commitment that the U.S. government will buy Bitcoin immediately.
The practical focus of the Bitcoin/Crypto conference at the White House was instead the CLARITY Act. Trump urged Congress to pass the bill in order to provide a clearer and more durable regulatory framework for the digital assets industry.
Brian Armstrong, CEO of Coinbase, said the expected vote on September 15 is the next key milestone. The CLARITY Act aims to clarify which crypto assets fall under the jurisdiction of the SEC, which fall under the CFTC, and which rules exchanges and crypto firms must follow.
$TRUMP $BTC $XRP
When asked whether the U.S. government had plans to accumulate a large amount of Bitcoin, President Donald Trump said the matter “has been discussed.” He also described Bitcoin as “very helpful” to the U.S. dollar and said he would listen to specific proposals.
However, no specific purchase amount or timeline has been announced. Therefore, these statements should be viewed, for now, as more of a policy signal than a commitment that the U.S. government will buy Bitcoin immediately.
The practical focus of the Bitcoin/Crypto conference at the White House was instead the CLARITY Act. Trump urged Congress to pass the bill in order to provide a clearer and more durable regulatory framework for the digital assets industry.
Brian Armstrong, CEO of Coinbase, said the expected vote on September 15 is the next key milestone. The CLARITY Act aims to clarify which crypto assets fall under the jurisdiction of the SEC, which fall under the CFTC, and which rules exchanges and crypto firms must follow.
$TRUMP $BTC $XRP