The United States is exploring numerous methods to grow its Bitcoin reserve without burdening taxpayers, according to Bo Hines, Executive Director of the White House Crypto Council.
In an April 14 interview, Hines suggested that revaluing Treasury gold certificates from $43 to $3,200 per ounce could create a paper surplus for buying BTC — all without selling gold. Tariff revenue was also listed as a funding option.
Bitcoin Reserve Will Start With Seized Assets
The Strategic Bitcoin Reserve will initially be composed of BTC seized in criminal cases. However, Hines emphasized the administration is also focused on budget-neutral strategies to accumulate more Bitcoin.
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“We’re turning over every stone,” Hines said. “We want as much Bitcoin as we can get.”
Digital Asset Framework To Be Released By Late Summer
The White House is preparing a comprehensive digital asset framework, addressing everything from tokenization to staking and international stablecoin policy. The report is expected in July or August.
Notably, Hines was not questioned about Donald Trump’s crypto ventures, including the controversial TRUMP token or ties to World Liberty Financial, which have drawn criticism from Democratic lawmakers.
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