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Summers, who as treasury secretary in the Clinton administration oversaw the U.S. national gold reserve, said in an interview with Bloomberg TV that the idea of creating a national Bitcoin reserve ...
"If we do get a bitcoin strategic reserve where the government is buying bitcoin … $200,000 bitcoin is going to be looking quaint. You're going to be looking at $300,000, $400,000, $500,000 bitcoin.
In 2022, the tumblers Blender.io and Tornado Cash were both sanctioned by the United States Department of the Treasury, making it illegal for US citizens, residents and companies to use the service. [16] [17] In March 2023, the tumbler ChipMixer and 46 million dollars in Bitcoin were seized. [18]
[21] Although the defendant did not pass the Liberty Dollars currency as a counterfeit, the currency were in close enough "resemblance of coins of the United States or of foreign countries" and consequently fell under the authority of 18 U.S.C.A. § 486.123 The Court has not decided if § 486 includes the power to prohibit VCs, but if a Court ...
Scott Kenneth Homer Bessent (/ ˈ b ɛ s ən t / BESS-ənt; born August 21, 1962) is an American investor and hedge fund manager who has served as the 79th United States secretary of the treasury since January 28, 2025. [1]
That optimism and Bitcoin reaching said $100,000 threshold numerous times since Kiyosaki’s November post has investors wondering if now is the time to buy, or if they should hold off.
If you include MicroStrategy and its Bitcoin buying spree, there have been close to 700,000 Bitcoins purchased by institutions so far in 2024. That is 3.3% of the 21 million Bitcoins that will ...