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Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares

Under the proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.

Updated Nov 7, 2024, 9:51 a.m. Published Nov 7, 2024, 9:48 a.m.
Trump's biggest gift to crypto would be the passing of a Bitcoin Act: CoinShares. (Fox News/Modified by CoinDesk)
Trump's biggest gift to crypto would be the passing of a Bitcoin Act: CoinShares. (Fox News/Modified by CoinDesk)