Bitcoin Becomes New ‘Space Race’ Between Nations, Says White House

Quick Summary:

The White House has explicitly framed Bitcoin accumulation as a geopolitical imperative, likening it to a 21st-century "space race.

Treasury has already audited existing government-held Bitcoin (deadline was April 5); Hines said every relevant agency “has been extremely cooperative in producing what they have,” with consolidation now in progress.

Hines declined to privilege any single path.“We can do this in numerous different ways,” he said, emphasizing speed and practicality.“What can we move on in the quickest fashion, and how can we start this accumulation process in the most expeditious manner possible?

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: HungaryUnited States

Topics: Assets Want Hines Blockchain Accumulation “we World Bitcoin Digital Been Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 16:00:42 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 830 words

Reading Time: 5 minutes read

Sentences: 44 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28301158

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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