CoinDesk debunked Jim Cramer's claim that the US government would buy Bitcoin at $60,000, stating no legal framework currently allows such action. Establishing a government Bitcoin reserve would require congressional legislation, which is absent in proposed bills. The federal government's Bitcoin holdings stem from criminal seizures, while some state governments are considering legislation to hold BTC reserves.
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CoinDesk Refutes Jim Cramer's Unsubstantiated Claim of US Government Bitcoin Purchases at $60K
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