VanEck executive: Sustainable Bitcoin reserve growth must be achieved gradually through congressional legislation

PANews reported on May 28 that according to Cointelegraph, Matthew Sigel, head of digital assets at VanEck, said at the "Bitcoin 2025" conference that if the United States wants to continue to expand its strategic reserves of Bitcoin, it must do so through congressional legislation rather than executive orders. He suggested adding incentive clauses to the budget reconciliation bill, such as providing tax incentives for mining companies that use methane to generate electricity and requiring them to pay part of their mining income to the government. Sigel pointed out that executive orders are prone to litigation and proposed starting with a $100 million "Exchange Stabilization Fund."

Although the Trump administration of the United States established a strategic reserve of Bitcoin through an executive order on March 7, it can only increase its holdings through budget-neutral strategies or asset confiscations according to the law. In July 2024, Wyoming Senator Cynthia Lummis, who proposed a related bill, suggested converting some of the Treasury's gold certificates into Bitcoin; in March 2025, Bo Hines, executive director of the Digital Asset Advisory Committee, further proposed revaluing gold reserves at market prices (currently booked at $42.22 per ounce) and using the increased value to purchase Bitcoin.

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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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