Bitcoin Key To Dollar Stability: Kennedy Jr. Urges US To Hold 4 Million BTC Reserve

Quick Summary:

Republican presidential candidate Robert F Kennedy Jr has called on the US to acquire millions of Bitcoin as a strategic reserve asset, which he believes could strengthen the US dollar.

Thus he aspires to pass an executive order to the IRS to treat the asset as such once he takes over the presidential seat.

Addressing attendees at the conference, the presidential candidate began by revealing his intention of issuing a pro-Bitcoin executive order on day one of his victory.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaUnited States

Topics: Key BITCOIN US Urges News Dollar Stability Kennedy Jr. Latest News BTC Reserve $4 Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-28 @ 20:11:16 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21812076

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 10 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 18 hours ago

Coverage Areas: India

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