Standard Chartered analyst: US strategic bitcoin reserves may achieve "budget neutrality" by selling gold
2025-03-07 15:02:24
Geoff Kendrick, head of digital asset research at Standard Chartered, has proposed that the US could buy bitcoin by selling some of its $760 billion worth of gold reserves as a "budget neutral" source of funding for the new Strategic Bitcoin Reserve (SBR). The proposal follows an executive order signed by President Trump that requires the government to acquire bitcoin without increasing the burden on US taxpayers.
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