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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


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Stock jumps as Rumble and Jiva Technologies bet on Bitcoin for inflation hedge

Online video platform Rumble and Canadian wellness company Jiva Technologies have joined the growing number of firms adopting Bitcoin as part of their corporate treasury strategy this year. Their decisions reflect a broader trend of institutional interest in the top crypto as businesses seek alternatives to traditional financial assets. дальше »

2024-11-26 12:31


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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Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders

The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U. S. , sent a letter to president-elect Donald Trump and Congress on Friday. In the letter signed by Blockchain Association CEO Kristin Smith, the organization outlined five priorities for the first 100 days of Trump’s administration. дальше »

2024-11-24 02:35