Hong Kong lawmaker wants to add Bitcoin to national reserves to boost financial security
Hong Kong legislator Wu Jiexhuang suggested the region should start adding Bitcoin to its national reserves as a way to boost financial security. According to the local newspaper Wen Wei Po, Wu said Hong Kong regulators should study the impact of U.S-issued Bitcoin exchange-traded funds on the market as a starting point before they decide […]
Hong Kong legislator proposes adding Bitcoin to national reserves
A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability. Source link
National Bank of Cambodia to allow banks to process cryptocurrencies for the first time
The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens. According to the Phnom Penh Post, the NBC formally declared the decision to allow banks to provide services involving Category 1 crypto assets on Dec. 27. Category 1 crypto asset […]
US Bitcoin reserve could slash national debt 35% by 2049: VanEck
VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049. Source link
Bitcoin as national asset may generate $81 trillion
MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve. The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S. Treasury, potentially offering a path to offset the national debt. The proposal projects digital capital markets growth from $2 trillion […]
Blockchain Association hosts Policy Summit, calls for crypto regulation and national security
Lawmakers, industry leaders, and blockchain innovators gathered this week to discuss the future of crypto policies and their impact on national security. The Blockchain Association hosted its third annual Policy Summit in Washington, D.C., on December 16-17, 2024. With key U.S. lawmakers, industry stakeholders, and representatives from the decentralized infrastructure sector in attendance, the event […]
National Center for Public Policy Research proposes BTC treasury to Amazon
The National Center for Public Policy noted that MicroStrategy’s stock outperformed Amazon’s stock by 537% due to its Bitcoin strategy. Source link
Bitcoin hits $100K: From pizzas to a Bitcoin national stockpile
Bitcoin was once worth so little that thousands of BTC were given away for free, but each one is now worth roughly $100,000 and is the most valuable cryptocurrency ever. Source link
Former US Treasury Secretary slams national Bitcoin reserve as ‘crazy’
Lawrence Summers slammed President-elect Donald Trump’s plan for a Bitcoin reserve but agreed that “crypto has been over-regulated.” Source link
Is the US gov’t poised to add Bitcoin to its National Reserve?
In our latest Cointelegraph video, we break down the odds of a Bitcoin reserve being created in the US next year and its potential impact on prices. Source link
