200,000 BTC and counting: Is Trump’s Bitcoin Reserve becoming a reality? – BitRss

• President Trump’s administration plans to establish a Strategic Bitcoin Reserve, with nearly 200,000 BTC already held.
• Countries like Switzerland, Bhutan, and El Salvador are integrating Bitcoin into national financial strategies as well.

Amid rising speculation, President Donald Trump’s administration is reportedly planning to establish a Strategic Bitcoin [BTC] Reserve in the United States, fulfilling a key election campaign promise.

This bold move has sparked widespread debate, both domestically and internationally, about its potential impact on national and global financial systems.

Interestingly, this development follows a recent statement by Fed Chair Jerome Powell during his press conference, where he remarked, 

“We’re not allowed to own Bitcoin. But the Federal Reserve Act says what we can own and we’re not looking for a law change.” 

How will this help the U.S. and nations worldwide?

Industry experts like Alistair Milne from Altana Digital Currency Fund argued that maintaining these assets could effectively establish a “de facto” Bitcoin reserve, stabilizing its supply a…