US Digital Assets Advisory Committee Chairman: "Government Is Building Bitcoin (BTC) Holding Infrastructure"
JH Kim
Summary
- Bo Hines, Digital Assets Advisory Committee Chairman at the White House, announced that government-level Bitcoin (BTC) holding infrastructure is being developed.
- According to the executive order issued by the Trump Administration, there is no obligation to disclose BTC holdings, but voluntary disclosure is possible.
- It was also stated that the government is highly interested in increasing BTC holdings with a budget-neutral approach.
According to Crypto in America host Eleanor Terrett on the 26th (local time), Bo Hines, the Digital Assets Advisory Committee Chairman at the White House, stated that government-level infrastructure to hold Bitcoin (BTC) is currently under development.
Chairman Bo Hines said, “Although there is no mandatory requirement to disclose the government's BTC holdings under the executive order announced by the Trump Administration in March, there is an open possibility for voluntary disclosure.”
He added, “The government is also very interested in ways to further increase its BTC holdings through a budget-neutral approach.”
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
