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Trump’s Bitcoin reserve can’t buy Bitcoin without Congress, says Witt

By John Chen

The inability to purchase Bitcoin without Congress's approval highlights the complexities of integrating cryptocurrency into federal financial strategies. The post Trump’s Bitcoin reserve can’t buy Bitcoin without Congress, says Witt appeared first on Crypto Briefing.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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