{"id":145042,"date":"2024-12-18T20:00:25","date_gmt":"2024-12-18T18:00:25","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145042"},"modified":"2024-12-18T14:26:33","modified_gmt":"2024-12-18T12:26:33","slug":"heres-when-the-u-s-might-create-a-bitcoin-reserve-according-to-vaneck","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/heres-when-the-u-s-might-create-a-bitcoin-reserve-according-to-vaneck\/","title":{"rendered":"Here\u2019s When the U.S. Might Create a Bitcoin Reserve, According to VanEck"},"content":{"rendered":"

He expects this to happen in the coming year, though he anticipates it will likely be established through executive action rather than legislation.<\/p>\n

Sigel suggests that the U.S. government could repurpose the roughly 200,000 BTC<\/a> <\/strong>it currently holds, obtained through asset seizures, by designating it as a Bitcoin reserve. This would involve pledging not to sell these holdings.<\/p>\n

Sigel\u2019s forecast includes the possibility that either the federal government or individual states, like Pennsylvania, Florida, or Texas, could initiate the reserve. He points to the potential for state-level action, with states such as Texas already making moves in this direction.<\/p>\n

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Earlier this year, Senator Cynthia Lummis of Wyoming proposed a bill to create a national Bitcoin reserve, aiming to acquire one million BTC over five years to help bolster the U.S. dollar amid rising national debt.<\/p>\n

On the campaign trail, President-elect Donald Trump also endorsed the idea of halting the sale of seized Bitcoin and instead holding the digital asset as part of a strategic reserve. Furthermore, a Texas lawmaker recently introduced legislation that would allow the state to establish its own Bitcoin reserve within its treasury.<\/p>\n

According to Polymarket, there is a 41% chance that Trump will create a national Bitcoin reserve within his first 100 days in office.<\/p>\n