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Bitcoin

White House Bitcoin Reserve is a gold -backed and definition reserve

According to Bo Hines, Executive Director of the Chamber of Advisors for the President on digital assets, the Trump administration explores the establishment of an American bitcoin reserves with funding through alternative government revenue flows.

Speaking in a recent White House interview with investor Anthony Boxbrano, he revealed that officials have the use of revenues from customs tariffs and re -evaluating the current gold reserves to finance bitcoin purchases.

Alternative financing options

Henz said at interview.

He pointed out that the revenues of future tariffs can provide the government with an external external flow of funding that would allow it to collect bitcoin without re -customizing the current assets. The official also revealed that many federal agencies, including the Ministry of Trade and Treasury, coordinated behind the scenes through a customized working group between agencies.

One of the ideas that acquires momentum of the Bitcoin Act of 2025, a legislative effort led by Senator Centum Lomes. The draft law proposes to reassess the gold certificates held by the US Treasury, which is currently inserted at a much lower historical price than the market price today.

According to HINES, the Treasury can review its golden certificates from $ 43 an ounce to about 3,200 dollars, which is the current market price, which creates a surplus of paper that can be redirected towards the purchase of Bitcoin without the need to sell any actual gold.

The Executive Director of the encryption council confirmed that the administration is open to all possibilities and intends to obtain the largest possible bitcoin. However, he also admitted that most of the proposals are still consistent with Congress.

Bitcoin strategic reserves will initially be funded using Bitcoin, which was seized through criminal and civil confiscation cases, an approach that the administration says the places do not worship the taxpayers. In addition, officials explore neutral budget methods to expand reserves, including rebalancing the internal wallet and generating new outpatient sources.

Blockchain encryption framework and solutions

Outside the reserve, the White House also ends the framework of national digital assets. According to HINES, Framework aims to clarify federal policy on major encryption issues, including the distinctive symbol, development, and stablecoin development.

He pointed out that the administration is determined to make America “the capital of encryption in the world”, and it fulfills the promises of President Trump’s campaign.

The 29 -year -old also defended Blockchain technology and digital assets as a key to updating how Americans interact with money. In his opinion, the traditional banking system is old due to delay, hidden fees and lack of transparency. He added that Blockchain and digital assets provide a solution to such problems.

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