dungnguyen (dungnguyen111)

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Kanye West says it's time to “launch my own blockchain

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Details confirmed by Crypto Advisor David Sacks. President Trump signed an Executive Order to establish a Bitcoin Strategic Reserve, which will use Bitcoin seized in criminal or civil cases, ensuring no cost to taxpayers. The US government is estimated to own around 200,000 BTC.

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Michael Saylor shared the documents he presented to the SEC’s crypto task force last Friday. The framework aims to help the United States become a global leader in digital assets through clear regulation, innovation, and market expansion. - Define digital assets such as Bitcoin, securities, fiat-backed currencies, NFTs, and tokens. - Establish rights and compliance rules for issuers, exchanges, and investors. - Reduce costs and speed up issuance to drive adoption. - Expand the digital asset market from $2 trillion to $80 trillion, providing access to capital for 40 million businesses. - Strengthen the position of the US dollar and build a Bitcoin reserve worth between $16 trillion and $81 trillion. A clear regulatory framework would help the US lead the global digital economy, unlock trillions of dollars in value, and protect the future status of the US dollar.

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