U.S. presidential candidate Robert F. Kennedy Jr. promises to issue Bitcoin-related executive orders if elected | Headlines | News | CoinMarketCap

07/27/2024 06:07
U.S. presidential candidate Robert F. Kennedy Jr. promises to issue Bitcoin-related executive orders if elected | Headlines | News | CoinMarketCap

U.S. presidential candidate Robert F. Kennedy Jr. promised to issue several Bitcoin-related executive orders on his first day in office if elected …

U.S. presidential candidate Robert F. Kennedy Jr. promised to issue several Bitcoin-related executive orders on his first day in office if elected president.

Kennedy, who is running as an independent, said he would direct the U.S. Department of Justice and the U.S. Marshals Sevice to transfer about 200,000 Bitcoin held by the U.S. government to the Department of Treasury to be held as a "strategic asset."

Kennedy also told participants at Bitcoin 2024 in Nashville on Friday that he plans to sign a separate executive order directing the U.S. Treasury to buy 550 bitcoin daily until the U.S. has a reserve of 4 million BTC. There are about 21 million bitcoin in circulation. 

"Our nation holds approximately 19% of global gold reserves," Kennedy continued. "This policy will give us …

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