News>
Industry Insider: Trump may announce plans to use Bitcoin as a strategic reserve asset for the United States at the 2024 Bitcoin Conference
Bitget2024/07/19 00:34
BlockBeats news, on July 19th, according to CryptoSlate report, former US President Trump will make a milestone statement at the upcoming Bitcoin 2024 conference in Nashville. Industry insiders revealed that Trump may plan to use Bitcoin (BTC) as a strategic reserve asset for the United States.
Dennis Porter, co-founder of Satoshi Action Fund who is also attending the conference, posted on social media saying that the most likely direction for Bitcoin to become a strategic reserve asset of the United States is to become part of the Exchange Stabilization Fund (ESF) under U.S. Treasury Department.
BlockBeats note: Currently this event is only rumored. Until Trump releases an explicit statement, there are no definite news yet.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Lock now!
You may also like
Crypto prices
More
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now