Articles for tag: Bitcoin Acquisition, Bo Hines, Cryptocurrency, Cynthia Lummis, Digital Assets, Strategic Bitcoin Reserve, Trump Administration

March 21, 2025

Government Gains from Gold Certificates: Bo Hines Discusses Using Them to Invest in Bitcoin for Future Growth

The Trump administration is considering expanding its Strategic Bitcoin Reserve, with Bo Hines, head of the White House’s crypto council, exploring budget-friendly methods to acquire more Bitcoin. One proposal involves cashing in on the government’s gold certificates, which are undervalued compared to current gold prices, to fund Bitcoin purchases without impacting taxpayers. Hines emphasized the ...

March 2, 2025

Market News

Crypto

Senator Lummis to Meet Industry Leaders on March 11 to Discuss US Bitcoin Reserve Bill and Its Impact on Cryptocurrency

Senator Cynthia Lummis is set to meet with industry leaders on March 11 to discuss a proposed US Bitcoin reserve initiative, according to Bitwise CEO Hunter Horsley. This discussion comes as the regulatory environment for digital assets in the US becomes more favorable, paving the way for increased Bitcoin investments in the first quarter of ...

March 1, 2025

Market News

Crypto

States Poised to Embrace Bitcoin Reserves First: Latest Insights and Analysis

Senator Cynthia Lummis recently stated that U.S. states may adopt Bitcoin reserves before the federal government does. Speaking at the Bitcoin Investor Week conference, she expressed optimism that a state would establish a strategic Bitcoin reserve before any federal initiative. In July 2024, Lummis proposed the BITCOIN Act, which aims for the U.S. Treasury to ...

February 17, 2025

Market News

Crypto

Wyoming Highway Patrol Union Explores Bitcoin Adoption for Enhanced Financial Security and Innovation

The Wyoming Highway Patrol Association is considering adding Bitcoin to its financial assets. They are partnering with the Proof of Workforce’s “Get Off Zero” program, which aims to educate groups about digital assets. If this plan goes ahead, it could be the first time a law enforcement association in the U.S. includes Bitcoin in its ...

January 24, 2025

Market News

Crypto

Senator Lummis to Announce Key Developments on Strategic Bitcoin Reserve Today at 10 a.m.

Senator Cynthia Lummis is preparing to announce an important update regarding a strategic Bitcoin reserve plan today at 10 a.m. This initiative aims to help combat inflation by proposing that the U.S. Treasury purchase 1 million Bitcoins over five years, with a commitment to hold them for at least 20 years. The proposed BITCOIN Act, ...