Senator Lummis says Treasury should convert gold for Bitcoin reserve
The United States government has the biggest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The United States government has the biggest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Toto Finance seeks $5M from Cardano treasury for copper reserve
Cardano's treasury decision could redefine its role, balancing between funding innovation and engaging in speculative investments,...
US Senator Questions Tether Over Reported Payments Linked To Former Crypto Adviser
TL;DR: Senator Richard Blumenthal has demanded records from Tether and consultancy Nxum over reported payments and potential ethic...
Ripple Makes a Shock SEC Move After $150M XRP Fight as OCC Unveils GENIUS Act Rules
In an October 20 comment letter, Ripple supported the proposed framework while requesting changes to how federal securities law tr...
Circle Shareholder Sues Trump, Alleging Unconstitutional Profits From $2B UAE Crypto Deals
Bitcoin Magazine Circle Shareholder Sues Trump, Alleging Unconstitutional Profits From $2B UAE Crypto Deals A shareholder from one...
Senator probes Tether’s reported $6 million payments to ex-White House crypto adviser’s firm
Tether faces US Senate scrutiny over multimillion-dollar payments to a consulting firm co-owned by a former White House crypto adv...
Senator Probes Tether’s Reported $6M Deal With Firm Tied to Ex-Trump Crypto Advisor
Sen. Richard Blumenthal (D-Conn.) has launched an investigation into Tether’s reported multimillion-dollar payments to a consultin...