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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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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
  • China’s JD.com enters stablecoin race as US passes GENIUS Act
  • Iranian crypto exchange Nobitex reportedly exploited for $73M: ZachXBT
  • Bitcoin, crypto dip as Trump says Iran’s leader an ‘easy target’
  • Agriculture firm AgriFORCE powers 120 crypto miners with natural gas
  • Archetyp dark web market shut down, but ecosystem adapts: TRM Labs
  • Washington’s second-biggest city, Spokane, bans crypto ATMs
  • Spanish bank BBVA suggests clients make 7% crypto allocation

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