President Trump Still Wants to Buy Bitcoin for US Reserve, Ex-Adviser Says
5 Articles
5 Articles
Patrick Witt says Donald Trump is still interested in adding Bitcoin to the US strategic reserve, but legal doubts, asset custody and the new Democratic control of Congress keep any direct purchase on hold.
Former advisor Patrick Witt said an addendum to the NDAA prevents direct purchases of Bitcoin (BTC) reserves, with the stock subject to an execution order dated March 2025.
Trump Still Wants to Buy Bitcoin but a Legal Wall Stands in the Way: Witt
Former White House crypto adviser Patrick Witt says President Donald Trump is still interested in buying bitcoin for the U.S. Strategic Bitcoin Reserve, but open-market purchases face a serious legal problem. “The President’s Interested in It” Witt, who stepped down as executive director of the White House crypto council in October for the private sector, […]
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