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SEC’s Crypto Task Force to Build National Bitcoin Reserve: Bullish for $BTCBULL?

NewsBTC LogoNewsBTC4d ago

SEC’s Crypto Task Force to Build National Bitcoin Reserve: Bullish for $BTCBULL? - NewsBTC

Quick Summary:

For example, China has partnered with countries such as Brazil, Russia, India, and South Africa to form BRICS, an organization whose aim is to create a new reserve currency, among other things.With $BTC, the U.S.could shift the global financial war to a new front and maintain its dominant position.

Bitcoin ($BTC) is once again making headlines as rumors of the US Securities and Exchange Commission (SEC) creating a national $BTC reserve spread across the crypto market.

By the looks of what happened since the presidential inauguration in January, the country is clearly ramping up its efforts to become the crypto capital of the world.  While other countries like China, the UK, and Ukraine have set up their own Bitcoin reserves, the U.S.reserve would no doubt be the heaviest hitter.

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SEC’s Crypto Task Force to Build National Bitcoin Reserve: Bullish for $BTCBULL? - NewsBTC (Picture 1)SEC’s Crypto Task Force to Build National Bitcoin Reserve: Bullish for $BTCBULL? - NewsBTC (Picture 2)

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Article Details

Author / Journalist: News BTC

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 09:25:45 (4 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 803 words

Reading Time: 5 minutes read

Sentences: 64 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26248996

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 12 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

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The story "SEC’s Crypto Task Force to Build National Bitcoin Reserve: Bullish for $BTCBULL?" has 803 words across 64 sentences, which will take approximately 4 - 7 minutes for the average person to read.

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The story "SEC’s Crypto Task Force to Build National Bitcoin Reserve: Bullish for $BTCBULL?" was covered 4 days ago by NewsBTC, a news publisher based in United Kingdom.

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NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United Kingdom and publishes an average of 7 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #26248996
  • URL: https://chronographically.beamstart.com/news/secs-crypto-task-force-to-17398729428159

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