The United States Ministry seeks to circumvent restrictions and get bitcoins (BTC)

The United States Cryptocurrency has appeared against restrictions

The United States Government wishes to get bitcoins (BTC), but does not yet know how to do it. The promise of Donald Trump’s campaign, who decided to create a reserve in cryptocurrencies, has actually come across a restriction in recent months.

We have to remember that the US President cannot unilaterally create a strategic reserve without congress support. Dreams O “Fort Knox in BitcoinHe was therefore somewhat fresh from Donald Trump. In March, a regulation specifying a restriction of reserve in cryptocurrencies was also published.

The government announced that it will maintain it BTC and other cryptocurrencies confiscated in court cases… That’s it. No acquisition was supposed.

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Since then, the situation has not changed. The Reserve Constitution could indeed require a new lawDespite the “pro-crito” provisions of the President of the United States.

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Treasures are trying to bypass obstacles

Scott Bessnt, a relative of Donald Trump, who currently leads the Treasury of the United States, has not said his last word. In the publication published yesterday, Confirms that institutions actively seek funds to obtain cryptocurrencies ::

Treasury undertakes to explore other bitcoin routes that are neutral for budget to expand the reserve and maintain the president’s promise that the United States will become a “global superpower bitcoins”.

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If it is a political signal, it does not bring anything new to this stage. Decree signed last March indeed predicted that any acquisition of bitcoins should be a “neutral budget”In other words, it does not cost the taxpayer. Scott Bessnt’s publication suggests a will, but at this stage there is a specific action.

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Obstacles that are more ambitious reserve

Become a global superpower bitcoins as trump wishes, The United States would have to legislative to change the institutional functioning of the country – That’s what Salvador had to do when the Earth accepted BTC. Its President Nayib Bukele then deeply modified the country’s monetary and legal structure.

But even in the Republican camp acquired in Donald Trump, distrust is great. Recently ratified laws to facilitate the functioning of companies related to cryptus are indeed laws that lighten pressure on industry, But does not change the way the government, the treasure and other institutions work.

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It will probably be necessary to wait for the government to make a real investment in cryptocurrency, or so that a reserve of the United States becomes essential.

Source: Scott Bessnt over x

Since 2017, a journalist at Cryptoast has been enthusiastic about the challenges of decentralization, privacy and regulation. I specialized in the economy and traditional finances by analyzing how the news in this industry affects the reports of cryptocurrencies, and therefore the cryptoast readers offer a unique and enlightened perspective.

Marine Debelor

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