U.S. Strategic Bitcoin Reserve

US Explores Strategic Bitcoin Reserve: What You Need to Know

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The Big IdeaThe US government is considering creating a “Strategic Bitcoin Reserve” to hold cryptocurrency as a national asset. Treasury Secretary Scott Bessent explained the plan in a recent interview, stressing that the first step is to stop selling Bitcoin the government already owns before buying more. Why Stop Selling First?Over the past few years, US authorities … Read more

White House Crypto Summit: What It Means for Your Crypto Taxes

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Key Takeaway: The White House Crypto Summit likely won’t include tax breaks for crypto investors. Bitcoin dropped $2,000 after the news broke. No Tax Breaks for Crypto Gains? Recent reports suggest the upcoming White House Crypto Summit will not propose exemptions from capital gains taxes on cryptocurrency. This means profits from selling crypto could still … Read more