Recently, U.S. Treasury Secretary Bascent made notable remarks regarding the government's Bitcoin reserve policy. In an interview with Fox Business Channel, Bascent initially stated that the U.S. government would not directly purchase more Bitcoin. However, this statement was immediately interpreted by the market as a possible termination of the plan to expand encryption asset reserves.



To clarify market concerns, Beisent subsequently provided additional explanations through social media: "The Ministry of Finance is actively exploring feasible ways to increase Bitcoin holdings under the principle of budget neutrality." A spokesperson for the Ministry of Finance further emphasized that Beisent's statements in the television program were merely impromptu responses and not significant policy announcements, and the market reaction may have been an over-interpretation.

It is worth mentioning that since March of this year, the U.S. government has been paying close attention to the issue of encryption asset reserves. At that time, an executive order established a Bitcoin strategic reserve and required the Department of Commerce and the Department of the Treasury to jointly research a "budget-neutral" reserve expansion plan. Currently, this reserve mainly consists of approximately $20 billion worth of cryptocurrencies confiscated by the government from illegal activities.

This series of statements and clarifications reflects the U.S. government's cautious attitude towards cryptocurrency policy. On one hand, the government recognizes the strategic importance of encryption assets such as Bitcoin; on the other hand, it is also working to balance budget constraints with the need for reserve expansion. In the future, how the U.S. government will expand its Bitcoin reserves without directly purchasing will continue to be a focus of market attention.
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Lonely_Validatorvip
· 08-19 08:03
Panic, panic, quickly change the subject.
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HashRatePhilosophervip
· 08-18 12:18
Just hype it up and you'll definitely make a profit.
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OptionWhisperervip
· 08-16 12:50
Isn't it always talk the talk, but not walk the walk?
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MiningDisasterSurvivorvip
· 08-16 12:40
Hehe, it's just like the regulatory pie-in-the-sky from 2019.
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ForeverBuyingDipsvip
· 08-16 12:40
Don't buy anything, aren't suckers hard to play people for?
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