
MINE.exchange NEWS
February 5, 2025 at 10:36 AM
👑💸 Trump’s Crypto Advisor Says Bitcoin Reserve Is a Top Priority
Donald Trump’s cryptocurrency advisor, David Sacks, stated that the creation and evaluation of a national Bitcoin reserve are top priorities. He called Bitcoin a “reliable store of value” and emphasized its security against hacks. Authorities view cryptocurrency as a strategic asset, and developing a regulatory framework for digital assets, particularly stablecoins, will be a key task for the next six months 🔥
Senator Bill Hagerty introduced a bill to oversee stablecoin issuers, distributing regulatory control among the Federal Reserve, the Treasury Department, and state agencies. At a press conference, Sacks and members of Congress reaffirmed their commitment to revisiting the FIT21 bill, aimed at supporting financial innovation. According to Sacks, financial digitization is inevitable, and the U.S. must maintain leadership in this field 🚀
The SEC’s repeal of Rule SAB 121, which previously restricted banks from holding cryptocurrencies, opens new opportunities for integrating digital assets into the traditional financial system. Analysts at Sygnum suggest that favorable U.S. regulations could accelerate the growth of altcoins. Amid these developments, Bitcoin continues to strengthen its position as the leading digital asset of the future 💰
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