{"id":821659,"date":"2025-01-21T11:12:04","date_gmt":"2025-01-21T17:12:04","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/21\/coinbase-advocates-for-a-us-government-strategic-bitcoin-reserve\/"},"modified":"2025-01-21T11:12:04","modified_gmt":"2025-01-21T17:12:04","slug":"coinbase-advocates-for-a-us-government-strategic-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/21\/coinbase-advocates-for-a-us-government-strategic-bitcoin-reserve\/","title":{"rendered":"Coinbase advocates for a US government strategic Bitcoin reserve"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-id=\"160473\" data-url=\"https:\/\/cryptobriefing.com\/coinbase-ceo-us-bitcoin-reserve\/\">\n<section>\n<div>\n<p><a href=\"https:\/\/cryptobriefing.com\/bitcoin\/\" rel=\"tag\"><br \/>\n                    Bitcoin                <\/a>\n                    <\/p>\n<\/div>\n<p><span><span><a href=\"https:\/\/cryptobriefing.com\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/cryptobriefing.com\/bitcoin\/\">Bitcoin<\/a><\/span> \u00bb <span aria-current=\"page\">Coinbase advocates for a US government strategic Bitcoin reserve<\/span><\/span>        <\/p>\n<div>\n<div>\n<p><span>by<\/span><\/p>\n<div>\n<p><a data-author_id=\"38186\" href=\"https:\/\/cryptobriefing.com\/team\/estefano-gomez\/\" rel=\"author\">Estefano Gomez<\/a><\/p>\n<\/div><\/div>\n<p><time datetime=\"2025-01-17T21:15:34+00:00\"><br \/>\n                        Jan. 17, 2025                    <\/time>\n                            <\/p>\n<\/p><\/div>\n<\/section>\n<section>\n<h2>Bitcoins Brian Armstrong advocates for a strategic Bitcoin reserve, pro-crypto legislation, and digital economy zones ahead of Trump\u2019s second inauguration.<\/h2>\n<\/section>\n<section>\n            <picture><source media=\"(min-width: 850px)\" ><img decoding=\"async\" src=\"http:\/\/cryptobriefing.com\/b73ff52d-17d8-4d89-b666-519b6bdd8693.jpg\" alt=\"bitcoins Coinbase advocates for a US government strategic Bitcoin reserve\" title=\"bitcoins http:\/\/cryptobriefing.com\/b73ff52d-17d8-4d89-b666-519b6bdd8693.jpg\">\n            <\/picture>\n        <\/section>\n<p>Photo: Michael Short<\/p>\n<section>\n<section>\n<h3>Key Takeaways<\/h3>\n<ul>\n<li>Coinbase backs the idea of a US Bitcoin reserve, emphasizing its role in the next global economic arms race as crypto adoption accelerates.<\/li>\n<li>Betting markets indicate a significant probability of Trump&#8217;s administration considering the reserve by 2026.<\/li>\n<\/ul>\n<\/section>\n<section>\n<p>Share this article<\/p>\n<\/section>\n<p>        <?xml encoding=\"UTF-8\"><\/p>\n<p>Coinbase CEO Brian Armstrong has backed the concept of a US strategic Bitcoin reserve, detailing the initiative in a <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2025\/01\/17\/coinbase-brian-armstrong-bitcoin-strategic-reserve\" rel=\"noopener nofollow noreferrer\">blog post<\/a> shared exclusively with Axios ahead of Trump\u2019s second inauguration.<\/p>\n<p>Armstrong, who leads the nation\u2019s largest crypto exchange, emphasized Bitcoin\u2019s role in global economic competition and urged the US to consider holding Bitcoin as a strategic reserve. <\/p>\n<p>The proposal marks Coinbase\u2019s first official stance on the concept.<\/p>\n<p>Betting markets show growing confidence in the initiative\u2019s potential implementation.<\/p>\n<p>Kalshi, a US derivatives exchange, <a target=\"_blank\" href=\"https:\/\/kalshi.com\/markets\/kxbtcreserve\/bitcoin-reserve\" rel=\"noopener nofollow noreferrer\">indicates<\/a> a 63% probability of Trump creating a Bitcoin reserve by 2026, while Polymarket users <a target=\"_blank\" href=\"https:\/\/polymarket.com\/event\/will-trump-create-a-national-bitcoin-reserve-in-his-first-100-days\" rel=\"noopener nofollow noreferrer\">estimate<\/a> a 40% chance of establishment within his first 100 days in office.<\/p>\n<p>Sources confirm Armstrong has held two private meetings with Trump to discuss crypto-related matters. The specifics remain undisclosed, though Trump reportedly expressed strong interest in Armstrong\u2019s proposals.<\/p>\n<p>Coinbase, valued at $73 billion, has emerged as a significant voice in Washington\u2019s crypto policy discussions. <\/p>\n<p>The company funds Fairshake, a political action committee network influencing Congressional elections, and supports Stand With Crypto, an advocacy group with over two million members.<\/p>\n<p><html><body><\/p>\n<div class=\"ad-banner mrec-in-article\"><\/div>\n<p><\/body><\/html><\/p>\n<p>\u201cCrypto adoption and usage has reached escape velocity,\u201d Armstrong stated, advocating for deregulation, technological innovation, and small government as key economic growth drivers. <\/p>\n<p>His recommendations include establishing special economic zones and regulatory sandboxes to foster digital asset innovation.<\/p>\n<p>Faryar Shirzad, Coinbase\u2019s policy chief, emphasized the company\u2019s focus on market structure clarity, particularly regarding CFTC and SEC roles. <\/p>\n<p>A digital assets bill addressing these issues reached the Senate last year, marking a significant milestone for the industry.<\/p>\n<section class=\"article-share\">\n<p>Share this article<\/p>\n<div class=\"social-icons\">\n          <button class=\"social-icon share\" data-href=\"https:\/\/x.com\/intent\/tweet?text=Coinbase+advocates+for+a+US+government+strategic+Bitcoin+reserve&#038;url=https%3A%2F%2Fcryptobriefing.com%2Fcoinbase-ceo-us-bitcoin-reserve%2F&#038;via=crypto_briefing\" aria-label=\"Share on x\"><br \/>\n        <?xml version=\"1.0\" encoding=\"UTF-8\"?><br \/>\n                <svg width=\"40px\" height=\"40px\" viewBox=\"0 0 40 40\" version=\"1.1\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n                <g id=\"surface1\">\n                <path style=\" stroke:none;fill-rule:nonzero;fill:rgb(0%,0%,0%);fill-opacity:1;\" d=\"M 17.867188 0.148438 C 10.839844 0.878906 4.558594 5.507812 1.707031 12.054688 C -0.132812 16.28125 -0.441406 21.148438 0.867188 25.625 C 2.480469 31.214844 6.652344 35.933594 12.054688 38.292969 C 16.28125 40.132812 21.148438 40.4375 25.628906 39.132812 C 32.332031 37.199219 37.613281 31.695312 39.347656 24.851562 C 42.054688 14.132812 35.414062 3.171875 24.667969 0.613281 C 22.304688 0.0546875 20.226562 -0.09375 17.867188 0.148438 Z M 18.132812 12.535156 C 19.839844 14.800781 21.28125 16.667969 21.332031 16.667969 C 21.386719 16.667969 23.160156 14.800781 25.253906 12.535156 L 29.078125 8.398438 L 31.253906 8.398438 L 30.785156 8.894531 C 30.519531 9.171875 28.785156 11.054688 26.933594 13.066406 C 25.078125 15.078125 23.265625 17.039062 22.90625 17.398438 L 22.265625 18.078125 L 27.265625 24.734375 C 30.011719 28.398438 32.265625 31.441406 32.265625 31.492188 C 32.265625 31.558594 30.628906 31.601562 28.640625 31.601562 L 25 31.585938 L 21.613281 27.054688 C 19.28125 23.921875 18.1875 22.574219 18.078125 22.652344 C 18 22.71875 16.105469 24.761719 13.867188 27.1875 L 9.800781 31.601562 L 8.773438 31.601562 C 8.199219 31.601562 7.734375 31.574219 7.734375 31.535156 C 7.734375 31.492188 9.851562 29.171875 12.441406 26.386719 C 15.011719 23.601562 17.148438 21.265625 17.171875 21.226562 C 17.1875 21.171875 15.066406 18.28125 12.464844 14.800781 C 9.867188 11.332031 7.734375 8.464844 7.734375 8.441406 C 7.734375 8.414062 9.371094 8.398438 11.386719 8.398438 L 15.039062 8.398438 Z M 18.132812 12.535156 \" \/>\n                <path style=\" stroke:none;fill-rule:nonzero;fill:rgb(0%,0%,0%);fill-opacity:1;\" d=\"M 11.027344 10.1875 C 11.082031 10.28125 14.441406 14.785156 18.464844 20.171875 L 25.800781 29.988281 L 27.441406 30 C 28.453125 30 29.066406 29.945312 29.039062 29.867188 C 29.027344 29.800781 25.679688 25.292969 21.628906 19.867188 L 14.238281 10 L 12.585938 10 C 11.214844 10 10.933594 10.027344 11.027344 10.1875 Z M 11.027344 10.1875 \" \/>\n                <\/g>\n                <\/svg>      <\/p>\n<\/section>\n<\/div>\n<p> Estefano Gomez <a href=\"https:\/\/cryptobriefing.com\/coinbase-ceo-us-bitcoin-reserve\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Home \u00bb Bitcoin \u00bb Coinbase advocates for a US government strategic Bitcoin reserve by Estefano Gomez Jan. 17, 2025 Brian Armstrong advocates for a strategic Bitcoin reserve, pro-crypto legislation, and digital economy zones ahead of Trump\u2019s second inauguration. Photo: Michael Short Key Takeaways Coinbase backs the idea of a US Bitcoin reserve, emphasizing its<\/p>\n","protected":false},"author":1,"featured_media":821660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30353,22217],"tags":[11476],"class_list":{"0":"post-821659","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-advocates","8":"category-coinbase","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/821659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=821659"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/821659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/821660"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=821659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=821659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=821659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}