Rep. Donalds Introduces Bill to Protect Trump’s Bitcoin Reserve

2025年03月17日

This move has garnered attention as it seeks to cement the reserve into law. It aims to prevent any future changes that could undermine its value or stability.

The bill, which would make the Strategic Bitcoin Reserve a permanent fixture, aims to safeguard the nation’s financial future by having it.

Rep. Donalds Champions Bitcoin Reserve for Economic Stability

While the idea of a Bitcoin-backed reserve has been met with mixed reactions, Donalds believes it could act as a hedge against economic uncertainty, much like gold has for decades. The reserve, originally proposed by President Trump, would be a bold move for the U.S. as it looks to keep pace with global economic shifts. With inflation concerns and fluctuating markets, the reserve would give the U.S. more flexibility to protect its economic stability.

By introducing this bill, Donald is not only solidifying Trump’s vision but also sending a clear message that the U.S. is ready to embrace new technologies in its financial framework. The bill would make it much harder for future administrations to dismantle or alter the reserve, ensuring that the country remains ahead of the curve in the digital age.

Bank of Korea Cautious on Bitcoin for Reserves

The Bank of Korea (BOK) has voiced concerns about adding Bitcoin to its foreign exchange reserves. They say that the price of Bitcoin is volatile. Also, the potential risks it could pose to the stability of reserves.

The BOK emphasized that Bitcoin does not align with the International Monetary Fund’s (IMF) standards. The reason is for foreign exchange reserve management, which stresses the importance of managing liquidity, market, and credit risks prudently. Given these factors, the BOK remains cautious about incorporating bitcoin into its official reserves.

Disclaimer

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Interpol still hasn’t listed LIBRA creator Hayden Davis as a wanted person

2025年03月17日

Interpol still hasn’t listed LIBRA co-founder Hayden Davis as a wanted person on its Red Notice database, despite reports from crypto analyst Bubblemaps. 

Bubblemaps claimed Davis was “on an Interpol notice,” in a Saturday X post detailing his link to the Jordan Belfort-inspired WOLF token. The self-proclaimed “Wolf of Wall Street” has been rumored to be launching a token for the past week.

Multiple crypto news outlets subsequently cited Bubblemaps’ post in their reporting of Davis’s Red Notice. However, a search for Davis on the Interpol Red Notice website currently shows that, if a notice is in place, it’s yet to be publicly listed by Interpol. 

Only last week, Argentinian lawyer Gregorio Dalbon requested a judge order a Red Notice and international arrest warrant. Dalbon claimed that Davis may try to evade justice by fleeing the US or going into hiding.

Read more: Lawyer wants Hayden Davis arrested, says Milei’s sister is LIBRA “mastermind”

Bubblemaps said, “Why would Hayden do this? Maybe he thought no one would trace it back to him.”

WOLF crashed 99% from a $40 million market cap after being reportedly sniped in a similar fashion to another crypto token launched by Davis. Bubblemaps also tracked the funds going into the WOLF creator’s account to a crypto address owned by Davis. 

Davis is linked to the sniping, insider trashing, and crashing of various memecoins, including the official MELANIA token. Both he and Argentinian president Javier Milei are facing a lawsuit over the launch of LIBRA which caused fights to break out in parliamentary proceedings last week. 

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