Trump Still Wants to Buy Bitcoin but a Legal Wall Stands in the Way: Witt
Former White House crypto adviser Patrick Witt says President Donald Trump is still interested in buying bitcoin for the U.S. Strategic Bitcoin Reserve, but open-market purchases face a serious legal problem. “The President’s Interested in It” Witt, who stepped down as executive director of the White House crypto council in October for the private sector, […]
Key Takeaways
- Former White House crypto adviser Patrick Witt says President Donald Trump is still interested in buying bitcoin for the U.S.
- Strategic Bitcoin Reserve, but open-market purchases face a serious legal problem.
- “The President’s Interested in It” Witt, who stepped down as executive director of the White House crypto council in October for the private sector, […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
HTX Releases October Performance Report: Spot Liquidity Significantly Enhanced, APY Boosts Help Users Through a Warm Winter
Since the start of Q4, the crypto market has continued to weaken amid volatility. Major asset prices have pulled back from their highs, and market participants have become more cautious. As the market cools, HTX has focused its efforts on solidifying its…
“From Authorization to Supervision”: European Regulators Outline the Next Phase of MiCA as MERGE Madrid 2026 Concludes
MADRID, November 11, 2026 – MERGE Madrid 2026 concluded at the Palacio de Cibeles, bringing together leaders from traditional finance, blockchain, investment, and regulation. The three-day conference forms part of MERGE, a leading institutional platform for…
HIVE Reports $84.9M Revenue as AI GPU Business Grows 71% Amid Mining Pressures
HIVE Digital reported $84.9 million in fiscal second-quarter revenue and roughly 71% growth in its AI-focused BUZZ GPU business. The company also…