Trump Still Wants to Buy Bitcoin but a Legal Wall Stands in the Way: Witt
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The reserve, established via executive order, has so far been funded through forfeited assets rather than direct market buys. The legal constraint centers on how the government can deploy funds without fresh congressional authorization. What to watch next is whether the administration seeks legislative cover or an alternative funding mechanism to begin open-market bitcoin purchases.
Muhabbit's AI wrote this summary in its own words from Bitcoin.com News's report. It can get details wrong, so check the source.
Named in this story
Donald Trump, Strategic Bitcoin Reserve, Bitcoin (BTC), Patrick Witt, White House crypto council
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