Tagged: Bitcoin reserve

South Carolina Proposes Bitcoin Reserve to Hedge Against Inflation

South Carolina’s House of Representatives has introduced a bill that would allow the state treasurer to establish a Bitcoin reserve as part of a broader effort to hedge against inflation and diversify state funds. The proposed Strategic Digital Assets Reserve Act, sponsored by Representative Jordan… Read More

Crypto Summit, Reserve Announcement Draw Mixed Industry Reaction

Recent cryptocurrency-related moves from Washington generated mixed reactions from industry insiders. Some moves were more important than the markets may think, while others lacked substance. SPACE ID director of business development Harrison Seletsky said that despite the market’s tepid reaction to the crypto reserve announcement,… Read More

Industry Execs Predict Trump Effect on Crypto, The Fed and More

Donald Trump’s inauguration has generated speculation on a range of financial issues. Continue reading for a selection of industry commentary. Cryptocurrency “The most important development will be the legal certainty that comes from a more friendly US regulatory regime. We are now likely to see… Read More

deVere CEO Calls for UK Strategic Bitcoin Reserve

With Bitcoin soaring to nearly $100,000 and gaining unprecedented recognition on the global stage, the time has come for the UK to embrace the idea of a strategic Bitcoin reserve, deVere Group CEO Nigel Green said this week. There has been chatter in the US… Read More

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