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Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy

In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent’s potential support for digital assets, particularly BTC. дальше »

2024-12-15 08:30


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Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea

Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is “crazy. “ Summers said he understands the concept of other commodities’ reserves, such as oil and gold, but argued: “Of all the prices to support, why would the government choose to […] The post Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea appeared first on CryptoSlate. дальше »

2024-12-8 23:45


Lutnick’s Cantor wants to use Tether to support a $2 billion Bitcoin lending program

Funding for Cantor’s program will start at $2 billion, but could reach tens of billions of dollars Cantor has a 5% ownership interest in Tether, valued as much as $600 million Howard Lutnick is to step down as Cantor’s CEO when his position as US Commerce Secretary is confirmed by the US Senate Cantor Fitzgerald […] The post Lutnick’s Cantor wants to use Tether to support a $2 billion Bitcoin lending program appeared first on CoinJournal. дальше »

2024-11-26 01:38


Bitcoin Out, Gold In: Senator’s Bold Proposal To Replenish US Reserves

US Senator Cynthia Lummis of Wyoming is doubling down on her efforts to legitimize Bitcoin and possibly add this digital asset to the country’s reserves. Related Reading: Ripple CEO Reacts To Trump’s Billionaire Treasury Secretary Nominee In a November 21st interview, Lummis suggested that the US Federal Reserve sell some of its gold reserves to […] дальше »

2024-11-25 19:00


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NYT: Trump reconsiders pro-crypto choices for Treasury Secretary, slows down his selection process

Trump is now considering Kevin Warsh and Marc Rowan for the US Treasury Secretary position Howard Lutnick is reportedly frustrating Trump by spending too much time with him to get himself appointed A person familiar with the situation between Lutnick and Scott Bessent as a “knife fight” President-elect Donald Trump is allegedly reconsidering his options […] The post NYT: Trump reconsiders pro-crypto choices for Treasury Secretary, slows down his selection process appeared first on CoinJournal. дальше »

2024-11-20 09:59


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El Salvador proposes crypto trade with Russia amid sanctions pushback

El Salvador has reportedly suggested using digital assets like Bitcoin for trade with Russia to circumvent the extensive economic sanctions imposed on Moscow. Alexander Ilyukhin, Russia’s first secretary at the Nicaraguan embassy and head of its El Salvador office, revealed this in an interview with Russian state media outlet Izvestia. дальше »

2024-7-30 23:00