U.S. Crypto Task Force to Focus on Delivering National Bitcoin Reserve: Bernstein
USA Crypto working group will be discussed at the beginning of a national championship Bitcoin (BTC) ReserveA step that will most likely become such efforts around the world, Bernstein said in the study report on Monday.
“The establishment of a Bitcoin reserve can lead to global race, Bitcoin as one of reset assets among other reserve assets,” said analysts led by Gautam Chugani.
The formation of a strategic reserve is presented with a number of structural issues, the report said.
Will the US Federal Reserve or Treasury Bitcoin buy? If Fed requires legislative approval, the report is specified.
How’s Feed Fund Cryptocurrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrowny) Bernstein said it could duty or sell some of his gold reserves.
The US government can increase $ 20 billion in Bitcoin, it has taken away any National Reserve from criminal enterprises, added report.
The broker noted that the trump card also announced Establishment of the Sovereign Wealth Fund (SWF).
Such a fund will “discuss US Crypto companies / market leaders as strategic assets. “Investors must position themselves for the next leg of the bull market related to Bitcoin and Bitkoin.”
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