Standard Chartered analyst: US strategic BTC reserves may achieve 'budget neutrality' through the sale of gold

DailyNews

2025-03-07 15:00:20

BTC-0,61%

SBR-9,56%

Golden Finance reported that Geoff Kendrick, the digital asset research director at Standard Chartered Bank, proposed that the United States could purchase BTC by selling part of its $760 billion gold reserves, as a ‘budget-neutral’ funding source for the newly established strategic BTC reserves (SBR). This proposal comes shortly after President Trump signed an executive order requiring the government to acquire BTC without increasing the burden on American taxpayers.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

Zainanxri

· 2025-03-07 15:04

jjkkjjjhffdddeeewqwfvkkllb

Reply0