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White House Says Gold Reserves May Be Used to Purchase Bitcoin
Sunday, March 23, 2025 - 10:16am | 645A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, suggested in an interview that the U.S....
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Western Sanctions Against Russia Force Countries To Bring Gold Reserves Home
Monday, July 10, 2023 - 2:19am | 387In the wake of Western sanctions against Russia, countries worldwide are repatriating gold, Reuters reports. This trend, driven by a desire for financial security amidst geopolitical tensions, has seen nations like Hungary, Poland, and Turkey bring their gold reserves home from the U.K. and the U....