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

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

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

05/28/2025
Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report
Cryptocurrency

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

05/28/2025
Trading Platform eToro Adds 12 Tokens to US Platform Following SEC Settlement and IPO Push
Cryptocurrency

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

05/28/2025
Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote The Texas Bitcoin reserve bill progresses with extended asset qualification period and removal of staking clause.
Cryptocurrency

Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote The Texas Bitcoin reserve bill progresses with extended asset qualification period and removal of staking clause.

05/28/2025
NATIX Launches Decentralized AI Subnet on Bittensor to Advance Autonomous Driving and Physical AI
Cryptocurrency

NATIX Launches Decentralized AI Subnet on Bittensor to Advance Autonomous Driving and Physical AI

05/28/2025
Australian regulator takes former Blockchain Global director to court
Cryptocurrency

Australian regulator takes former Blockchain Global director to court

05/28/2025
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

Recent Posts

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

05/28/2025
Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report

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

05/28/2025
Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

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

05/28/2025
Trading Platform eToro Adds 12 Tokens to US Platform Following SEC Settlement and IPO Push

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

05/28/2025
Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote The Texas Bitcoin reserve bill progresses with extended asset qualification period and removal of staking clause.

Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote The Texas Bitcoin reserve bill progresses with extended asset qualification period and removal of staking clause.

05/28/2025
NATIX Launches Decentralized AI Subnet on Bittensor to Advance Autonomous Driving and Physical AI

NATIX Launches Decentralized AI Subnet on Bittensor to Advance Autonomous Driving and Physical AI

05/28/2025
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

  • Selling Bitcoin is like playing in a ‘bad house-rate casino’ — Adam Back 05/28/2025
  • Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report 05/28/2025
  • Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’ 05/28/2025

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