Discover the US stance on creating a Bitcoin reserve. Learn about the Federal Reserve's opinion on holding Bitcoin as an asset. Follow the latest discussions on this topic.
The idea of establishing a strategic Bitcoin reserve in the US has sparked numerous discussions recently, with a Federal Reserve official expressing views on the matter. Recently, Austan Goolsbee, the head of the Federal Reserve Bank of Chicago, stated that despite the appeal of this idea, there are serious legal limitations on the assets that the Federal Reserve can hold on its balance sheet. This came after Jerome Powell, the head of the Federal Reserve, reiterated that the institution is not authorized to hold Bitcoin due to Federal Reserve laws and has no intention of changing this law.
