China, Russia Bitcoin reserve plans to help BTC amid Trump’s crypto push

AMB Crypto 1 year ago 234

Journalist

Posted: December 10, 2024

Russia proposes a national Bitcoin reserve to counter sanctions and bolster international trade.
Global interest in Bitcoin reserves rises amid its $100K surge and shifting geopolitical dynamics.

Amid growing discussions in the United States about establishing a Bitcoin [BTC ($87,264.00)] reserve under President Donald Trump’s leadership, the idea is sparking interest globally.

Russia plans to create Bitcoin Reserve

In a notable development, a Russian lawmaker has proposed creating a national Bitcoin reserve to mitigate geopolitical risks and sanctions.

Anton Tkachev, a State Duma member from the Novye Lyudi party, has formally appealed to Finance Minister Anton Siluanov, advocating for a Bitcoin reserve modeled after traditional s...

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