Trump’s White House Advisor Bo Hines has revealed a world race in progress for Bitcoin’s accumulation (BTC), articulation of the American government’s determination to be won.
These remarks are barely two weeks after revealing how the country would finance a bitcoin reserve.
The United States accelerated Bitcoin reserve plans, reveals Bo hines
Hines made these remarks in a recent interview, detailing how the United States aims to capitalize on the rarity of Bitcoin. In addition, he thinks that the decentralized origins of Bitcoin and increasing adoption give him a longevity.
Based on the latter, Bo Hines and the US government appreciate the need for rapid action so that other nations are not in the lead.
“I think there is a kind of space race for the accumulation of this asset,” said Hines.
Bo Hines also explained the commitment of the United States to become “Bitcoin superpower of the world”, aligning the vision of President Trump for digital assets.
Qualifying Bitcoin as “digital gold”, the head of the United States Digital Asset Advisory Council has declared that the government has accelerated its plans for a Bitcoin strategic reserve. The Trump administration works with the US Treasury Department, led by Scott Bessent, to audit the existing Bitcoin holdings within the framework of these plans.
According to statements, once the audit is completed, they will develop Bitcoin acquisition methods which are “non -budgetary”.
Bo Hines also explained that these methods would constitute multiple strategies, guaranteeing the most practical and effective approach.
“The objective is to start the accumulation process as quickly as possible, the initial steps being priority for speed and scalability,” he added.
With hindsight, Bo Hines recently revealed that the Trump administration was planning to use pricing income to finance a Bitcoin national reserve. As Beincrypto reported, he also quoted the need for the United States to act quickly in the middle of global competition for the accumulation of Bitcoin.
“SBR [Strategic Bitcoin Reserve] recognizes the value of what bitcoin is and how it can be exploited for the American people. There is a finite number of bitcoin and I think it will eventually be a race to accumulate, “said Hines.
Trump of 100 days in power
Meanwhile, Bo Hines’ remarks came when the United States observed President Trump’s 100 days. Hines said that their first actions, including an executive decree signed during the first week, set the tone for a new digital active agenda.
In addition to this order, Trump has created an inter -standing working group while finishing the Choke Point 2.0 operation. He also ordered regulatory inversions, including the implementation of key prosecution and banking legislation, effectively facilitating the track for cryptographic companies.
Before August, he also revealed the plans of the White House for the legislation on the structure of the stables and the structure of the market for the approval of the president. An imminent report will detail the implementation of these structures.
Before all these plans, the Senate will vote on the Act on Engineering, which, if adopted, could create a better regulatory framework of Stablecoin in the United States.
Meanwhile, despite the statements of Bo Hines, Bitcoin Price increased only by a modest 0.76% in the last 24 hours, merchant $ 95,039 to date.
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