The post Trump’s Crypto Agenda: How Bitcoin Could Be Funded by U.S. Gold Reserves appeared on BitcoinEthereumNews.com.

According to a recent update from COINOTAG News dated March 7th, Matrixport emphasized the significance of the upcoming White House crypto summit, which is poised to be pivotal for President Trump’s cryptocurrency agenda. This summit could have far-reaching implications for U.S. crypto policy over the next four years, indicating a strong focus on regulatory simplification and a potential ban on Central Bank Digital Currencies (CBDCs). As policymakers strive to position the United States as a leader in the global blockchain landscape, the looming 2026 midterm elections may constrain the timeline for major legislative reforms. Furthermore, a bill crafted by Senator Cynthia Lummis suggests that leveraging U.S. gold reserves to invest in Bitcoin is feasible, where liquidating just 15% could yield approximately $110 billion—enough to acquire 1.05 million Bitcoins, despite the expected volatility in market prices during such a significant transaction. Source: https://en.coinotag.com/breakingnews/trumps-crypto-agenda-how-bitcoin-could-be-funded-by-u-s-gold-reserves/

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Filed under: News - @ March 7, 2025 11:21 am