Gasparino said another way to potentially fund crypto purchases would be to use Trump’s idea of a sovereign wealth fund, which he signed an executive order to explore creating last month.
He added, as Bloomberg reported, that the White House could look to fund the plan initially with crypto seized in criminal cases. The US government is holding around $18.28 billion worth of seized crypto, with 198,109 BTC worth $17.87 billion making up the bulk of its holdings, according to Arkham Intelligence.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Gasparino said another way to potentially fund crypto purchases would be to use Trump’s idea of a sovereign wealth fund, which he signed an executive order to explore creating last month.
He added, as Bloomberg reported, that the White House could look to fund the plan initially with crypto seized in criminal cases.
The US government is holding around $18.28 billion worth of seized crypto, with 198,109 BTC worth $17.87 billion making up the bulk of its holdings, according to Arkham Intelligence.