#USBitcoinReserves

According to Odaily, David Sacks, known as the 'Crypto Czar,' discusses the possibility of Bitcoin reserves during a press conference in Washington on Tuesday. He stated that considering Bitcoin reserves is a key issue for the task force he is involved with. However, the task force is still in the early stages, awaiting confirmation from several cabinet members. Sacks emphasized that this topic remains a priority.

When asked about the involvement of the cryptocurrency industry in White House initiatives, Sacks mentioned that a statement would be released in the future to allow for some forms of engagement with the industry.

Previously, Sacks had indicated that the feasibility of Bitcoin reserves is under study, but he could not comment on whether the sovereign wealth fund should hold cryptocurrency.