White House’s Robert Hines on US Strategic Bitcoin Reserve: “We Do Believe in Accumulation”

Hines said that establishing the necessary infrastructure for the Strategic Bitcoin Reserve initiative requires both time and effort to ensure its ultimate success He also added that work on infrastructure is underway and that action is expected in short order On July 30, the administration released its first major crypto policy report Robert “Bo” Hines, the Executive Director of the President’s Council of Advisers on Digital Assets of the White House, had an interview on Crypto in America yesterday. He reaffirmed that the administration still supports the creation of a Strategic Bitcoin Reserve, stating: “We understand the importance of this Strategic Bitcoin Reserve. We’re enormous fans of Bitcoin and the Bitcoin community. We do believe in accumulation.” Hines said that establishing the necessary infrastructure for this initiative requires both time and effort to ensure its ultimate success. He also added that work on infrastructure is underway and that action is expected in short order. Back in March, Trump issued an executive order formally establishing a Strategic Bitcoin Reserve, which treats Bitcoin held by the federal government as … The post White House’s Robert Hines on US Strategic Bitcoin Reserve: “We Do Believe in Accumulation” appeared first on Coin Edition .

Source: Coin Edition