Bitcoin Reserve Strategy to Be Announced by US President Trump
Although the market expressed concern over the announcement of an overarching cryptocurrency reserve, a US Bitcoin Reserve strategy is still expected to be unveiled by President Donald Trump. Indeed, a new report states that the strategy is poised to be a main announcement at the White House Crypto Summit taking place on March 7th. There are many experts who have expressed concern about the country expanding its reserve beyond Bitcoin. Speaking to CNBC, Michael Saylor projected BTC to eventually reach a $200 trillion market cap. Moreover, he noted that investment in the asset alone could solve the nation’s financial debt crisis. Source: NY Post Also Read: Mexican Billionaire Ricardo Salinas Allocates 70% of Portfolio to Bitcoin US Bitcoin Reserve Strategy to Headline White House Crypto Summit Since his return to the White House, Donald Trump has sought to overhaul the nation’s crypto policy. From the development of a crypto task force to the announcement of a new digital ass...