Offchain Labs CEO: US cryptocurrency reserves should only be Bitcoin
Offchain Labs CEO Steven Goldfeder said that the US cryptocurrency reserves should only focus on Bitcoin at least for now. Goldfeder believes that Bitcoin has emerged in a universally accepted way and focusing on Bitcoin is the cleanest and easiest move. He said that allowing other assets into the market is risky because regulatory agencies do not understand the complexity of all cryptocurrencies and do not know who is pushing for each cryptocurrency to be included in the market. In addition, if the US were to establish reserves focused on US cryptocurrencies, Steven Goldfeder believes that Arbitrum's native token ARB should be at the top.
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.
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