News list for " Establishment"
According to BecauseBitcoin, the Texas Senate will hold a public hearing on the establishment of a strategic bitcoin reserve on February 18.
The first public hearing on the establishment of a potential strategic bitcoin reserve in Texas is scheduled for February 18, less than a week before the Senate secretary receives the bill, according to the Texas government website. While the move is a positive step for bitcoin adoption, according to dispatch analyst Iliya Kalchev of cryptocurrency lending platform Nexo, the...
The Trump administration recently proposed the creation of a US sovereign wealth fund (SWF) by 2026, and hinted that TikTok could be a potential investment target for the fund. The proposal has attracted widespread attention against a backdrop of challenging US economies and high fiscal deficits. While the idea may seem appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to markets and the economy.
Federal Reserve Chairperson Jerome Powell expressed support for a regulatory framework around stablecoins. Overall, bank accounts are safe. The Federal Deposit Insurance Corporation still provides deposit insurance, and the banking system is well capitalized and safe.
On February 11, Plume Network and Superstate announced a partnership on Tuesday aimed at broadening access to tokenized financial products. Together, Plume Network users will have access to Superstate's short-term US Government Securities Fund (USTB) and Crypto Asset Holding Fund (USCC). USTB focuses on short-term treasury securities investments, while USCC covers the underlying strategies of cryptoassets such as Bitcoin, Ethereum and US Treasury bonds.
Asked in a speech on Thursday about the possibility of a bitcoin strategic reserve, Mr. Waller, the Fed governor, said: "The Fed will not operate such a project".
US President Donald Trump has signed an executive order to establish a sovereign wealth fund, and Flexa CEO Danny McCabe said: "Given the clear US support for digital assets, it is likely that the sovereign wealth fund will include bitcoin and possibly even other'Made in the USA 'digital assets with real economic utility, such as Ethereum. The inclusion of these digital assets will not only provide greater stability to the US economy, but will be a major leap in making the US a leader in digital...
President Trump has signed an executive order to establish a sovereign wealth fund.
President Trump has signed an executive order to establish a sovereign wealth fund.
On February 1st, Polymarket predicted that the probability of "the United States establishing a bitcoin national reserve in 2025" reached 51%, down about 14% from the previous high of 65%. At present, the cumulative bet amount of the forecast reaches 581,400 US dollars, and the deadline is December 31, 2025. The criterion for judgment is that the US government holds any amount of bitcoin in its reserves, excluding bitcoin confiscated by the US government. The main source of judgment will be offi...
