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Coinbase, Gemini CEO throws support behind Bitcoin-only US crypto reserve

cryptoweekly by cryptoweekly
March 4, 2025
in bitcoin, News
0

Brian Armstrong and Tyler Winklevoss say that Bitcoin is a clear “successor to gold,” making it most suitable for inclusion as a US reserve asset.

The CEOs behind crypto exchanges Coinbase and Gemini argue that Bitcoin may be the only cryptocurrency that meets the criteria for being a US reserve asset.

“Only one digital asset in the world right now meets the bar and that digital asset is Bitcoin,” Gemini’s Tyler Winklevoss said in a March 3 X post after US President Donald Trump announced plans to establish a Crypto Strategic Reserve.

Trump said the Crypto Strategic Reserve would include Solana (SOL), Cardano (ADA) and XRP (XRP) in addition to Bitcoin (BTC) and Ether (ETH).

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SEC’s Crypto Task Force to host roundtable on crypto security status

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Australia’s government has no plans to establish a strategic crypto reserve

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Australia’s government has no plans to establish a strategic crypto reserve

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Recent Posts
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs
  • Connecticut governor approves law prohibiting crypto use in government
  • Bitcoin analysts say market quickly absorbs selling, paving way for a bullish July
  • Connecticut Governor signs bill banning public officers from using BTC and other crypto assets

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