A senior U.S. White House official signaled that a long-anticipated update on a potential ‘Strategic Bitcoin Reserve’ is imminent, a development traders are watching as a possible milestone in Bitcoin’s (BTC) institutional and policy-level acceptance. According to Bitcoin Magazine, the official said an announcement would come “soon,” adding that there has been “meaningful progress” in establishing a legally sound framework and safeguards to protect the assets involved.
Source: Read the original article
