During the interview, Hines said the White House is also developing a digital asset framework outlining how the US plans to support crypto innovation and promote US dollar stablecoins worldwide.“It'll provide clarity on many aspects of this space, whether it be from tokenization to staking, all sorts of things,” Hines said, adding that the Trump administration has been moving rapidly to make America the “crypto capital of the world.”Related: Bitcoin takes back seat as Trump, Bukele focus on trade and immigration“We're moving at tech speed, it’s like we’re a startup in this building,” Hines said.“We'll continue moving this along quite quickly.”The report Hines referred to is expected to be published in late July or August.
Hines said the Treasury could revalue its gold certificates, valued at $43 per ounce, to the current market price of $3,200 per ounce, creating a paper surplus to fund Bitcoin purchases without selling gold.“Everything is on the table, and like we've said, we want as much as we can get, so we’re going to make sure that no stone is unturned,” Hines said in the interview, which aired on April 14.🇺🇸 LATEST: Executive Director of Digital Assets Bo Hines said the US government may buy Bitcoin using tariff revenue.pic.twitter.com/Gfc2HiEJoL— Cointelegraph (@Cointelegraph) April 15, 2025The Bitcoin Reserve will initially comprise assets forfeited in government criminal cases but allow for the government to develop budget-neutral strategies for acquiring additional Bitcoin.
No mention of Trump’s crypto venturesHines wasn’t asked to address some of Trump’s potential conflicts of interest in the crypto space, including the controversial Official Trump (TRUMP) memecoin and the Trump family’s business venture with World Liberty Financial — which have been raised by the opposition party.
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Author / Journalist: Cointelegraph by Brayden Lindrea
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