White House Confirms Gold Reserves Will Be Used To Buy Bitcoin

White House Confirms Gold Reserves Will Be Used To Buy Bitcoin
The White House has revealed that the U.S. could potentially use its gold reserves to acquire more bitcoin, a move that could significantly impact the crypto market.
According to Bo Hines, the White House executive director of the president’s council of advisers on digital assets, this strategy would be a budget-neutral way to increase the country's bitcoin holdings.