The Trump administration has expressed a strong interest in Bitcoin, with Bo Hines, the Executive Director on Digital Assets, describing it as ‘digital gold’ and indicating plans to accumulate as much Bitcoin as possible for the U
The Trump administration has expressed a strong interest in Bitcoin, with Bo Hines, the Executive Director on Digital Assets, describing it as ‘digital gold’ and indicating plans to accumulate as much Bitcoin as possible for the U.S.’s economic future.
The International Monetary Fund (IMF) has recognized Bitcoin as digital gold, and sources confirm that the IMF is adding Bitcoin to its reserves and plans to include it in their Special Drawing Rights (SDR) basket/index.
The White House has hinted at the possibility of using U.S. gold reserves to purchase Bitcoin, a move that could signify a major shift in U.S. monetary policy. This strategy is backed by the Bitcoin Act of 2025, which aims to see the U.S. acquire 1 million Bitcoins, as mentioned by Senator Lummis.
Source: thedefiant.io
