Trump Administration Gears Up to Grow US Bitcoin Reserve, Says Bo Hines
Main Idea
The Trump administration is planning to expand the US Bitcoin reserve, with details currently kept private, as confirmed by Robert 'Bo' Hines, executive director of the President’s Council of Advisers on Digital Assets.
Key Points
1. The US government already holds Bitcoin, but details about the reserve are being kept private for now.
2. Robert 'Bo' Hines confirmed the administration's plans to grow the US Bitcoin reserve during an interview.
3. Hines expressed support for the Bitcoin community and indicated that progress on the reserve will be made 'in short order'.
4. The UK government holds $7 billion in seized Bitcoin, as mentioned in the article.
Description
Robert "Bo" Hines , who serves as executive director of the President’s Council of Advisers on Digital Assets, has confirmed that the Trump administration still plans to build a national Bitcoin BTC reserve .
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