ChainCatcher reported that according to The Block, Bernstein analysts Gautam Chhugani, Mahika Sapra and Sanskar Chindalia pointed out in a memo to clients on Monday:

  • The United States will lead the world in Bitcoin and cryptocurrency.

  • The United States will become a “Bitcoin mining superpower”;

  • SEC Chairman Gary Gensler, a frequent critic of the industry, may be replaced by a new “crypto-friendly” chairman;

  • The United States will not create a central bank digital currency (CBDC), ensuring clear self-custody rights and censorship-resistant crypto transactions;

  • The United States will launch a stablecoin framework to promote the digital dollar as a global standard and enable cross-border payments;

  • The U.S. will not sell its seized assets of approximately 213,246 Bitcoins (equivalent to nearly $15 billion) but will use them as the basis for a “National Strategic Bitcoin Reserve.”