Blockchain_Blockchain Technology - yuyjo.com
No Result
View All Result
  • Home
  • Latest
  • Market
  • Cryptocurrency
  • NFT
  • Crypto Exchange
  • Digital currency
  • Metaverse
Blockchain_Blockchain Technology - yuyjo.com
  • Home
  • Latest
  • Market
  • Cryptocurrency
  • NFT
  • Crypto Exchange
  • Digital currency
  • Metaverse
No Result
View All Result
Blockchain_Blockchain Technology - yuyjo.com
No Result
View All Result
Advertisements

Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

jingji53 by jingji53
05/28/2025
blank

White House AI and crypto czar David Sacks said at the Bitcoin 2025 conference that the US could buy more Bitcoin. Here are the details:

Advertisements

The Basis for the Statement: The executive order on cryptocurrency signed by Trump on March 6 allows the government to purchase more Bitcoin if it is done in a “budget – neutral” way. That is, without raising taxes or increasing the national debt.

Advertisements

Specific Conditions: Sacks said that although he “can’t promise anything”, there is a way for the government to buy more Bitcoin. However, it requires convincing Commerce Secretary Howard Lutnick or Treasury Secretary Scott Besson to approve the purchase and fund it “without a new tax or adding to the debt”. Maybe by finding funds from some other unused programs, the US could potentially acquire more Bitcoin.

Advertisements

In short, the US government may have the opportunity to acquire more Bitcoin under the premise of meeting the “budget – neutral” condition, but specific implementation requires the support of relevant departments and finding appropriate funding sources.

Advertisements

Related topic:

  • SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups Crypto4 hours ago
  • DDC Enterprise buys 21 Bitcoin, kicking off plan to scoop 5K BTC in 3 years
  • Nvidia plans to make cheaper AI chips for China: Report
Tags: Bitcoin
Previous Post

Trading Platform eToro Adds 12 Tokens to US Platform Following SEC Settlement and IPO Push

Next Post

Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report

jingji53

jingji53

Related Posts

Pompliano-led SPAC climbs 7% on Nasdaq debut after upsized $220 million IPO
Cryptocurrency

Pompliano-led SPAC climbs 7% on Nasdaq debut after upsized $220 million IPO

06/01/2025
Dubai regulator clarifies real-world asset tokenization rules: Lawyer
Cryptocurrency

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

06/01/2025
Bitcoin tops Amazon market cap on ‘Pizza Day’ as price sets new highs
Cryptocurrency

Bitcoin tops Amazon market cap on ‘Pizza Day’ as price sets new highs

06/01/2025
US Lawmaker Reintroduces Bill Amid Pushback on Trump’s Crypto Links
Cryptocurrency

US Lawmaker Reintroduces Bill Amid Pushback on Trump’s Crypto Links

06/01/2025
Futures desks made 9 out of 10 Bitcoin trades in May while spot activity slowed down
Cryptocurrency

Futures desks made 9 out of 10 Bitcoin trades in May while spot activity slowed down

05/31/2025
Russia allows banks to offer crypto products to accredited investors
Cryptocurrency

Russia allows banks to offer crypto products to accredited investors

06/01/2025
Next Post
Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report

Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report

Selling Bitcoin is like playing in a ‘bad house-rate casino’ — Adam Back

Selling Bitcoin is like playing in a 'bad house-rate casino' — Adam Back

Trump supports bill to buy 1 million BTC — Senator Lummis

Trump supports bill to buy 1 million BTC — Senator Lummis

Recent Posts

The US Treasury Secretary said that China’s trade negotiations “have somewhat stalled”, and the Foreign Ministry responded

The US Treasury Secretary said that China’s trade negotiations “have somewhat stalled”, and the Foreign Ministry responded

06/02/2025
A certain whale closed all its long positions and within five days, its profit sharply turned from 27.88 million US dollars to a loss of 206,000 US dollars

A certain whale closed all its long positions and within five days, its profit sharply turned from 27.88 million US dollars to a loss of 206,000 US dollars

06/02/2025
OKX has launched the Babylon BTC on-chain coin-earning product and initiated additional reward activities

OKX has launched the Babylon BTC on-chain coin-earning product and initiated additional reward activities

06/02/2025
Slow Mist Cosine: The longer the mnemonic phrases/private keys are used online and shared by more people, the more likely they are to be leaked and difficult to detect

Slow Mist Cosine: The longer the mnemonic phrases/private keys are used online and shared by more people, the more likely they are to be leaked and difficult to detect

06/02/2025
Meta shareholders have voted against the proposal to include Bitcoin in their reserves

Meta shareholders have voted against the proposal to include Bitcoin in their reserves

06/02/2025
SharpLink Gaming plans to raise 1 billion US dollars to increase its holdings of ETH

SharpLink Gaming plans to raise 1 billion US dollars to increase its holdings of ETH

06/02/2025
Blockchain_Blockchain Technology - yuyjo.com

Yuyjo is a blockchain portal. Its main columns include Cryptocurrency, NFT, Crypto exchange, Digital currency, Metaverse and other columns. 【Contact us: [email protected]】

Recent News

  • The US Treasury Secretary said that China’s trade negotiations “have somewhat stalled”, and the Foreign Ministry responded 06/02/2025
  • A certain whale closed all its long positions and within five days, its profit sharply turned from 27.88 million US dollars to a loss of 206,000 US dollars 06/02/2025
  • OKX has launched the Babylon BTC on-chain coin-earning product and initiated additional reward activities 06/02/2025

TAGS

APENFT Binance Binance Futures Bitcoin CBDC Coinbase Coinbase Account Coinbase Wallet Digital Coin Digital Dollar Digital Rupee Digital Yuan Ethereum Facebook Metaverse Gemini Kraken NFT Coin NFT Collection OKCoin
No Result
View All Result
  • Home
  • Latest
  • Market
  • Crypto Exchange