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The US Treasury is considering the purchase of bitcoin


March, 07 2025
watermark Economic news

The US Treasury Department is exploring the possibility of buying cryptocurrencies for a strategic reserve, starting with bitcoin. This was announced by the head of the department Scott Bassett. The preparation of a discussion on these innovations coincides with a planned meeting of industry representatives with President Donald Trump at the White House.


Bessent clarified that at first, the reserve will be formed at the expense of confiscated digital assets. Subsequently, it is planned to explore additional mechanisms for further replenishment of such stocks.


The minister noted that the initial focus will be on Bitcoin, but the long-term goal is to create a universal cryptocurrency reserve. This suggests that other digital assets may be added to it in the future, underscoring the growing importance of cryptocurrencies in the U.S. economy and finance.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.