Bitcoinmaxists REALLY have a hard time accepting the phrase digital assets, writes Travis Kling, chief investment officer at Ikigai Asset Management, on X website.
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President Trump's Jan. 23 executive order directs the task force to study and propose a stockpile of #cryptocurrencies that may be derived from cryptocurrencies that the federal government directs the task force to study and propose a stockpile of cryptocurrencies that may be derived from cryptocurrencies lawfully seized as part of the Department of Justice's law enforcement operations.
During his campaign at a #Bitcoin conference in Nashville in July, Trump seized more than $20 billion or more in BTC from the DOJ and promised to create a strategic national bitcoin reserve.
Dennis Porter, CEO of bitcoin-focused Satoshi Action Fund, said the working group used the term #digital assets because it is technologically neutral and to
Technologically neutral terms like 'digital assets' are a proven and effective way to achieve the ultimate goal of making the U. S. the world's largest holder of bitcoin, he added. However, Pierre Rochard, vice president of research at bitcoin mining company Riot Platforms, said there was no ambiguity in the wording of the regulation.
He also said that Ripple Labs was the biggest obstacle to the adoption of the bitcoin-only provision and accused the company of actively lobbying against the regulation so it could claim CBDCs created on their platform.
Ripple CEO Brad Garlinghouse responded by saying the company's efforts were "not aligned with (bitcoin He said he believes the company's efforts "actually increase the potential of the #cryptocurrency strategic reserve (including bitcoin).
and millions of dollars in various altcoins.
the largest holding is 198,100 BTC, worth $20.4 billion and accounting for nearly 98% of cryptocurrency holdings.
FOX Business reporter Eleanor Terrett told Sachs that: ' Asked about the cryptocurrency apa, Sachs said: "We are going to evaluate it.
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