Official U.S. government announcements or press releases

Coinbase and Others Endorse U.S. Government Strategic Bitcoin Reserve

Jan 17, 2025, 07:31 PM

Coinbase, the largest cryptocurrency exchange in the U.S., has endorsed the concept of a U.S. Government Strategic Bitcoin Reserve, according to a report by Axios. This endorsement comes as part of broader discussions on the role of cryptocurrencies in national financial strategies. The proposal for a strategic reserve aims to position Bitcoin as a potential asset for the U.S. government, similar to traditional reserves like oil or gold. Additionally, other entities such as MoonPay, Jason A. Williams, LFJ, and BTC Archive have also endorsed the creation of such a reserve.