President Trump's working group considers a U.S. cryptocurrency stockpile, with Senate proposal to buy bitcoins.

President Trump has ordered a working group to explore creating a U.S. cryptocurrency stockpile, potentially using seized cryptocurrencies. Senator Cynthia Lummis proposes the Treasury buy 200,000 bitcoins annually for five years. Proponents say it could reduce the deficit and strengthen the dollar, while critics warn of volatility and cyber risks.

2 months ago
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