The BitMEX founder argues that a Bitcoin reserve will serve little long-term purpose and that crypto regulation will likely favor rich centralized businesses.

A stablecoin bill will likely precede broader market regulation to President Donald Trump’s desk, and a bitcoin reserve will be a priority.

Garlinghouse argues that a diverse reserve would better reflect the crypto ecosystem.

The proposed bill could make Arizona the first U.S. state to adopt Bitcoin as part of its financial reserves.

Trump's strategic Bitcoin Reserve Proposal signals a major shift in U.S. economic policy and cryptocurrency adoption.

Following similar proposals from Texas and Florida, Ohio introduces legislation to create a Bitcoin reserve as part of its strategy to strengthen state finances.