Trump’s Talk of Bitcoin (BTC) Reserve for the U.S. Leaves Industry Waiting for More Details

“For the U.S. to institute Bitcoin as a strategic reserve will similarly require further work including determining how much should be held as a reserve and the basis for that threshold, how to acquire, how and where to store, when to utilize and in what circumstances, which agency would be responsible, the timeline to implement, amongst several other considerations,” mentioned Rahul Mewawalla, CEO of Mawson Infrastructure Group, a bitcoin mining firm, in an emailed assertion. Answering these questions “can be challenging,” and establishing a council of trade contributors might assist, he mentioned.