Just In: Crypto Czar David Sacks Reveals The US Is Evaluating A Bitcoin Reserve

Quick Summary:

Donald Trump’s Crypto Czar, David Sacks, has provided some optimism for the crypto community as he revealed that his team is already evaluating the creation of a Strategic Bitcoin Reserve.

This came following his press conference, in which he also mentioned the progress made by his team so far.

He noted that they are still in the early stages of the evaluation as they are waiting on the US Senate to confirm some cabinet members.

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Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: IndiaUnited States

Topics: 24/7 Cryptocurrency News Bitcoin News David Sacks Strategic bitcoin reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 20:28:47 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 175 words

Reading Time: 1 minutes read

Sentences: 25 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 25896416

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