TLDR Tech / Crypto
White House Crypto Advisor Hints at Trump's Strategic Bitcoin Reserve
Patrick Witt, executive director of the President's Council of Advisors for Digital Assets, previewed a "big announcement" on next steps for Trump's strategic bitcoin reserve in the coming weeks, noting the team has been working through the legal interpretations needed to solidify and protect the reserve's digital assets. The reserve currently faces a durability problem as executive orders don't carry the staying power of legislation, which is why Sen. Lummis and Rep. Begich have reintroduced the BITCOIN Act to codify it.
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