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