Everything you wanted to know about Bitcoin Strategic Reserve

[Popkon6]

Source: https://x.com/i/status/2061336098777792568  

You are changing the direction of the discussion, altcoin related discussions are totally prohibited here. You see in the title that Reserve posts are suitable for doing Bitcoin strategies here, moreover the stock you mentioned is completely opposite to Bitcoin, has nothing to do with Bitcoin. So don't confuse people by spreading such information, correct yourself because all the discussions here are centered around Bitcoin.

[SatsPH]

Here is the full text of Congressman Nick Begich's Strategic Bitcoin Reserve bill now published.



https://www.congress.gov/bill/119th-congress/house-bill/8957/text

I know that it's just to early as per the tracker, it was just introduce and will have to go on reviews and debates before it will be signed by Trump.
But still a historic milestone already.

Future secure.

[fillippone]

Here is the full text of Congressman Nick Begich's Strategic Bitcoin Reserve bill now published.



https://www.congress.gov/bill/119th-congress/house-bill/8957/text

I know that it's just to early as per the tracker, it was just introduce and will have to go on reviews and debates before it will be signed by Trump.
But still a historic milestone already.

Future secure.

At this point, there are many BSR - like bills at different stages of approval.
It's interesting seeing those kinds of proposals being put forward, even if the price action is not that positive.
Actually, it's best to buy at 60,000 than at 120,000.

[ultrloa]

Here is the full text of Congressman Nick Begich's Strategic Bitcoin Reserve bill now published.



https://www.congress.gov/bill/119th-congress/house-bill/8957/text

I know that it's just to early as per the tracker, it was just introduce and will have to go on reviews and debates before it will be signed by Trump.
But still a historic milestone already.

Future secure.

At this point, there are many BSR - like bills at different stages of approval.
It's interesting seeing those kinds of proposals being put forward, even if the price action is not that positive.
Actually, it's best to buy at 60,000 than at 120,000.

The ARMA and Bitcoin Act by Senator Cynthia Lummis is the closest to get approve, but well let's see if they succeed to approve this bill.

Also yeah buying at current rate is much really better than chasing their orders at close to $120k or even more high than that. The more cheaper they could able to buy the better, but as always accumulate consistently since this is better action to do. Those BSR will possibly contribute for long term growth of Bitcoin and it will give not only good policies but also result to much bigger adoption.

[Comeacross]

At this point, there are many BSR - like bills at different stages of approval.
It's interesting seeing those kinds of proposals being put forward, even if the price action is not that positive.
Actually, it's best to buy at 60,000 than at 120,000.

The fact that multiple jurisdictions are considering BTC as a strategic asset is significant itself regardless of how the price react.

But I think one area that deserves more attention as these bills advance is the practical execution part. If these bills passed, smooth execution will be what determines success more than the headline numbers because poor implementation would take us into another direction.

[Taskford]

Here is the full text of Congressman Nick Begich's Strategic Bitcoin Reserve bill now published.



https://www.congress.gov/bill/119th-congress/house-bill/8957/text

I know that it's just to early as per the tracker, it was just introduce and will have to go on reviews and debates before it will be signed by Trump.
But still a historic milestone already.

Future secure.

At this point, there are many BSR - like bills at different stages of approval.
It's interesting seeing those kinds of proposals being put forward, even if the price action is not that positive.
Actually, it's best to buy at 60,000 than at 120,000.

Well even if current price action is not showing positive reaction despite of those great bills introduce by US lawmakers still its good to see that they are moving forward with their BSR bills. Now we see that there are bills are really moving forward.


Also aside from BSR, I think its interesting to look at the 7 Crypto tax bills that they are drafting.



More information about that is here https://decrypt.co/370197/congress-7-crypto-tax-bills

[HelliumZ]

Amid the Bitcoin crisis, Hungary has announced that it will lift all restrictions on Bitcoin and cryptocurrency transactions. This will undoubtedly open up a new horizon for Hungary in terms of cryptocurrency use and transactions.
The current government has announced the lifting of the ban imposed by former Hungarian leader Viktor Orban on Bitcoin and cryptocurrency transactions. For Hungary, all obstacles to the use of Bitcoin and cryptocurrency and fiat money will definitely be removed.

Bitcoin Magazine

[nikola22]

Amid the Bitcoin crisis, Hungary has announced that it will lift all restrictions on Bitcoin and cryptocurrency transactions. This will undoubtedly open up a new horizon for Hungary in terms of cryptocurrency use and transactions.
The current government has announced the lifting of the ban imposed by former Hungarian leader Viktor Orban on Bitcoin and cryptocurrency transactions. For Hungary, all obstacles to the use of Bitcoin and cryptocurrency and fiat money will definitely be removed.

Bitcoin Magazine

it's one of the benefits from Viktor Orban's election defeat. I hope users in Hungary will be able to return to normal cryptocurrency operations. it seems that the corrupt Orban regime wanted to take over the country's entire cryptocurrency business and prevented international services from operating properly. Peter Magyar's first steps in power seem reasonable and perhaps the country will consider creating their Bitcoin reserve in the future.

[fillippone]

Lummis is back to BSR with a clear reason why the Bitcoin Strategic Reserve makes total sense:




This is actually a reason to invest in bitcoin for everyone, not only the government.

[Ambatman]

Lummis is back to BSR with a clear reason why the Bitcoin Strategic Reserve makes total sense:

This is actually a reason to invest in bitcoin for everyone, not only the government.

With the obvious delay about BSR
I'm quite curious to see how we would have reacted as government
With no prior knowledge about Bitcoin
Would you make a Bitcoin strategic reserve or find a way to make it get lower
Buy slowly till a satisfable amount and then announce. Or what would be your plan?


Open to everyone in the thread by the way.

[Taskford]

Lummis is back to BSR with a clear reason why the Bitcoin Strategic Reserve makes total sense:




This is actually a reason to invest in bitcoin for everyone, not only the government.

Always love the actions done by Senator Lummis, since he always highlight on how good Bitcoin to be their strategic reserve asset.

Also love her mindset here and he's really open for great generational financial changes of their country.

Senator Cynthia Lummis wants the United States to stop pretending Bitcoin isn’t a strategic asset and start buying it in the open. Her argument is straightforward: other countries are already quietly stacking sats, and America is falling behind by not doing the same thing, loudly and by law.

More interesting details about this is here https://cryptobriefing.com/lummis-us-bitcoin-reserve-bitcoin-act/

[Mate2237]

Amid the Bitcoin crisis, Hungary has announced that it will lift all restrictions on Bitcoin and cryptocurrency transactions. This will undoubtedly open up a new horizon for Hungary in terms of cryptocurrency use and transactions.
The current government has announced the lifting of the ban imposed by former Hungarian leader Viktor Orban on Bitcoin and cryptocurrency transactions. For Hungary, all obstacles to the use of Bitcoin and cryptocurrency and fiat money will definitely be removed.

Bitcoin Magazine

This is a welcome development, but this are one of the quensiquence of voting in bad leaders who are not progressive but is anti people because, how can a leader that is people oriented even think about banding crypto by placing restrictions on the use of crypto currency. Even though I am not a citizen of Hungry I feel for her citizens especially those who are crypto oriented. Because I have experience something like this in my country when crypto was not fully recognized.


Removing the restriction coming from this present regime, is a good one it will make the people to feel relaxed and think that the government really has their interest when it comes to crypto currency and it usuage in the country.

[Popkon6]

Source link: https://x.com/i/status/2066584913348845977

Taiwan central bank has made a suitable decision at the moment, they have held a meeting to accept Bitcoin as a reserve asset. However, Bitcoin should be implemented as a reserve asset quickly, because Taiwan can definitely become a Bitcoin-friendly country. So this discussion will definitely play an effective role and they will be able to properly hold Bitcoin as a strategic reserve asset for the future.

[moneystery]

Taiwan central bank has made a suitable decision at the moment, they have held a meeting to accept Bitcoin as a reserve asset. However, Bitcoin should be implemented as a reserve asset quickly, because Taiwan can definitely become a Bitcoin-friendly country. So this discussion will definitely play an effective role and they will be able to properly hold Bitcoin as a strategic reserve asset for the future.

It is a positive move for Taiwan's central bank to welcome the Bitcoin Policy Institute into their office as part of their efforts to explore Bitcoin as a strategic reserve asset.
Previously, the Taiwanese central bank was very protective and skeptical about accepting Bitcoin. But, after encouragement from legislators and the risk that most of Taiwan's reserves are concentrated in U.S. dollar-denominated assets, as well as the potential for territorial conflict with China, the Taiwanese central bank is beginning to consider opening up to Bitcoin's potential as a strategic reserve asset.

However, at the meeting, they were still exploring the possibility of making Bitcoin a strategic reserve asset. So, it will still take some time for Bitcoin to become their strategic reserve asset-- and it's not certain that it will become one, as the final decision rests with Taiwan's central bank, which has full control over the management of the country's reserves. Still, this is a positive step.

[ultrloa]

Source link: https://x.com/i/status/2066584913348845977

Taiwan central bank has made a suitable decision at the moment, they have held a meeting to accept Bitcoin as a reserve asset. However, Bitcoin should be implemented as a reserve asset quickly, because Taiwan can definitely become a Bitcoin-friendly country. So this discussion will definitely play an effective role and they will be able to properly hold Bitcoin as a strategic reserve asset for the future.

I like how they push this plan to possibly make it happen and if you do a research you will get amazed on the actions they have done to prepare for possible creation of their Bitcoin Strategic Reserve.

They are now looking at Bitcoin to be used as this https://financefeeds.com/geopolitical-pressures-push-taiwan-to-evaluate-bitcoin-as-a-resilient-financial-safe-haven

Also what's good about that meeting is they think about using bitcoin to diversify and to lessen up their reliance on USD https://cryptobriefing.com/taiwan-central-bank-bitcoin-reserve-asset

[nikola22]

Bhutan transferred 533 BTC valued at $34.5 million to the crypto exchange Binance. The transfers were executed in multiple batches from a wallet tagged as belonging to Druk Holding & Investments. The largest individual transfer involved 227.194 BTC, while another moved 48.228 BTC. Several smaller transactions ranging from fractions of a bitcoin to just over 2 BTC were also routed to the same deposit address.



https://arkm.com/explorer/entity/druk-holding-investments

Bhutan's remaining bitcoin balance of 1749.96 BTC represents a decline of approximately 11 250 BTC from the October 2024 peak of 13 000 BTC. It seems that either Bhutan has decided to get rid of Bitcoin completely or they hope to buy back the sold volumes at a lower price.

[Ribust]

BREAKING: Illinois Gov. Pritzker signed a new 0.2% digital asset privilege tax on exchanges, Bitcoin and crypto transfers, and storage.
https://www.talkimg.com/images/2026/06/18/U1zHLG.jpg

Illinois Governor JB Pritzker has signed a new law introducing a 0.2% digital asset privilege tax on crypto exchanges, transfers, and storage activities. The tax targets brokers handling Bitcoin and other digital assets, adding new compliance and reporting requirements.

[abaeze]

US Treasury Department proposes payment stablecoin issuer identification program
Source
Is bringing stablecoin issuers into a more transparent, accountable, and regulated framework to make users finances safer or more trustworthy or is it to gain the ability to limit the activities of crypto users due to excessive regulation? So what impact could this have on Bitcoin? Although we know that Bitcoin has no central issuer. Many say that the increased use of regulated stablecoins could make the flow of money in the crypto market more stable. Is it important for users and financial institutions to know which stablecoins are legitimate and which are not? Is there a benefit or a disadvantage to Bitcoin users?