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BTCUSD Soars as Treasury Moves to Formalize Strategic Bitcoin Reserve

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Treasury Secretary Scott Bessent confirmed the US is moving quickly to establish a strategic Bitcoin reserve.
  • The initiative aligns with President Trump's executive order, aiming to codify digital asset custody practices and push for the passage of the CLARITY Act to provide regulatory certainty this summer.
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BTCUSD price history

76357.14 +11.02% over the displayed period

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