The U.S. government has officially denied reports suggesting it plans to use gold reserves to purchase Bitcoin. According to official sources, the U.S. Strategic Bitcoin Reserve is funded through seized Bitcoin assets, with no intention to involve gold reserves in the process. This statement comes amid unverified claims of a shift in asset funding strategy, which have not been corroborated by any official sources.
The denial maintains stability in the gold markets, avoiding speculative impacts. Key figures, including President Donald Trump, have emphasized adherence to standard methods without specifying gold sales, affirming a commitment to budget-neutral acquisition approaches. Current reserve strategies focus on utilizing already seized assets, staying within legal and fiscal boundaries, and avoiding disruption to existing commodity reserves.
U.S. Government Denies Plans to Use Gold Reserves for Bitcoin Purchases
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