Bitcoin Reserves | ForkLog

ForkLog 38 12.03.2025

Cynthia Lummis Unveils Revised Bitcoin Reserve Legislation

Senator Cynthia Lummis has introduced an updated version of the Bitcoin Act in the U.S. Senate, which would allow the government to hold over 1 million bitcoins within a newly established cryptocurrency reserve. The proposal outlines that the U.S. will purchase 200,000 BTC annually over five years, reallocating current funds from the Federal Reserve and […]

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ForkLog 48 10.03.2025

Utah Passes Cryptocurrency Law Without Bitcoin Reserve Provision

In the final stage of voting, the Utah State Senate (USA) removed a key provision from bill HB230, which proposed the creation of a Strategic Bitcoin Reserve (SBR). The document, titled “Blockchain and Digital Innovation Amendments,” lays the groundwork for integrating cryptocurrencies into the state’s legal framework. The initial version allowed the local treasury to […]

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ForkLog 52 10.03.2025

El Salvador Expands Bitcoin Reserves to 6,111 BTC

On March 9, the authorities of El Salvador expanded the national bitcoin reserve by 6 BTC. The total amount of coins held by the state reached 6,111.18 BTC ($501.9 million). In the past seven days, the fund increased by 17 BTC, and over the month — by 40 BTC. Data: Bitcoin Office. On February 26, […]

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ForkLog 20 09.03.2025

‘Crypto Czar’ Opposes New Taxes for Bitcoin Reserve Funding

Appointed by President Donald Trump, ‘crypto czar’ David Sacks has rejected the idea of taxing crypto transactions to fund the national bitcoin reserve. He made this statement on the All-In-One podcast. Sacks reiterated key details about the strategic reserve of digital gold, outlined in Trump’s executive order, emphasizing that replenishing this repository should occur without […]

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ForkLog 26 08.03.2025

US Presidential Crypto Summit Disappoints Investors

The inaugural crypto summit at the White House, aimed at reshaping the US government’s approach to the digital asset industry, failed to deliver the anticipated positive impact on the market. Most of the top 10 cryptocurrencies by market capitalization responded with a decline. Data: Coingecko. Promises Fall Short On March 7, during the summit, Donald […]

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ForkLog 77 07.03.2025

Will China follow the US with a strategic bitcoin reserve?

China is reportedly weighing the creation of a national bitcoin reserve. The US has already taken such a step, though many observers overestimate the government’s BTC stash. China’s actual holdings are even murkier. China is working hard to establish its own Strategic Bitcoin Reserve (SBR), according to Bitcoin Magazine CEO David Bailey. China is now […]

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ForkLog 20 07.03.2025

Elizabeth Warren Urges ‘Crypto Czar’ to Disclose Digital Asset Transactions

Donald Trump’s special advisor on AI and cryptocurrencies, David Sacks, has been asked to provide data on digital asset transactions. This request was made in a letter addressed to him by Senator Elizabeth Warren, reports Axios. The document raises concerns about potential conflicts of interest involving officials and their teams. It also questions the ethics […]

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ForkLog 29 07.03.2025

Russian Cryptocurrency Reserve Not Yet on the Agenda, Says Deputy Gorelkin

The establishment of a strategic cryptocurrency reserve (SBR) in Russia is “not yet being discussed” at the state level, according to Deputy Anton Gorelkin. He reported this. The statement comes amid the creation of an SBR in the United States, which involves the storage of confiscated digital assets. “There is no talk yet of purchasing […]

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ForkLog 25 07.03.2025

Experts Optimistic About Industry Prospects Following US Crypto Reserve Creation

Bitwise’s Chief Investment Officer, Matt Hougan, believes that the United States’ Strategic Bitcoin Reserve (SBR) reduces the likelihood of a government ban on Bitcoin. Impacts of the Strategic Bitcoin Reserve 1) Dramatically reduces the likelihood the US government will some day “ban” bitcoin; 2) Dramatically increases the likelihood that other nations will establish strategic bitcoin […]

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ForkLog 32 07.03.2025

Trump Establishes U.S. Strategic Bitcoin Reserve

U.S. President Donald Trump signed an order to establish a strategic bitcoin reserve, which involves storing assets confiscated by the Treasury in criminal and civil cases. The sale of cryptocurrency from this new fund is prohibited—it will serve as a means of long-term storage of national assets. Other federal agencies will explore the possibility of […]

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ForkLog 22 06.03.2025

Ripple Advocates for Solana in US Crypto Reserve as Bitcoin Gains Special Status

Ripple pushed for SOL to make the inclusion of XRP appear more legitimate. Donald Trump will reveal new details about the reserve’s composition. Former Morgan Stanley executive Michael Grimes is expected to lead the Sovereign Wealth Fund. Executives at Ripple Labs proposed to US President Donald Trump the inclusion of SOL in the Strategic Blockchain […]

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ForkLog 17 05.03.2025

Trump to Announce Significant Changes in Cryptocurrency Regulation

U.S. President Donald Trump is set to announce a “substantial” shift in cryptocurrency policy, including plans to establish a Strategic Bitcoin Reserve (SBR) at a White House summit on March 7. This was revealed by Commerce Secretary Howard Lutnick in an interview with The Pavlovic Today. According to Lutnick, Bitcoin will receive a “special status” […]

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