Fox reporter: The White House is about to further clarify the "crypto reserve plan", which may involve a funding mechanism

PANews reported on March 7 that Charles Gasparino, a senior reporter for Fox Business, wrote on the X platform: "Sources revealed that the White House will make further clarifications on its so-called 'strategic cryptocurrency reserve' plan later today or tomorrow. I guess the clarification will involve the funding mechanism, that is, the obstacles that may be encountered in using taxpayers' funds to purchase digital currencies (they need to obtain approval from Congress, but this is almost impossible). Please pay attention to possible solutions, such as using confiscated cryptocurrencies as start-up funds (200,000 bitcoins have been seized from so-called criminals), or adopting the concept of sovereign wealth funds to fund purchases (this is an idea once proposed by @giancarloMKTS). Things are developing."

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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