Trump’s Crypto Strategist: "‘Bitcoin Reserve’ Is Important… We’ll Deliver Results"

JOON HYOUNG LEE

Summary

Bo Hines, Executive Secretary of the White House Digital Assets Advisory Committee, stressed the significance of the U.S. Federal Government’s push for Bitcoin reserves.
The White House’s official report released on this day stated that the U.S. Department of the Treasury will hold seized Bitcoin as a strategic asset instead of selling it.
However, the report noted that there was no specific mention of a Bitcoin reserve plan at the federal government level.

Bo Hines, Executive Secretary of the U.S. White House Digital Assets Advisory Committee, speaking during an interview with Crypto in America on the 30th (local time). Photo = Screenshot from Crypto in America YouTube

Bo Hines, Executive Secretary of the U.S. White House Digital Assets Advisory Committee, stated that the U.S. Federal Government is "currently pursuing" a plan to hold reserves of Bitcoin (BTC).

In an interview with Crypto in America on the 30th (local time), Hines said, "We recognize the importance of strategic Bitcoin reserves" and promised, "We’ll deliver achievements for Bitcoin and the Bitcoin community." He added, "There are many ways we could potentially hold (Bitcoin) reserves," and "People will be very pleased with the direction we’re heading."

Earlier, the White House released an official report outlining its cryptocurrency policy directions. According to the report, the U.S. Department of the Treasury will not sell seized Bitcoin but instead hold it as a strategic asset. However, reserves of Bitcoin at the federal government level were not specifically mentioned in the report.

BTC