The growing BTC reserve requires congress regulations – Vaneck Exec

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According to the head of digital assets, Matthew Sigel, building a indefinite strategic Bitcoin reserve in the US would probably require targeted regulations, not executive activities. Speaking at Bitcoin 2025 in Las Vegas, Sigel said that the most profitable path ahead may include inserting incentives to extract bitcoins into the process of reconciliation of the congress budget.

According to Sigel, the most effective way to develop the strategic Bitcoin reserve in the US would be targeted in the Congress’s budget regulations. They may include tax breaks for mining companies that employ methane gas and other incentives to encourage miners to share the part of the BTC mined with the federal government.

He argued that this approach would allow the reserve to grow organically with time. Sigel also emphasized the limitations of executive activities in achieving this goal:

“The problem related to executive activities is that it will be quick lawsuits. And everything over $ 100 million will be sued by Elizabeth Warrens in the world. I would say that I will start with something that maybe in the exchange stabilization fund for the exchange for $ 100 million.”

US President Donald Trump established the US Bitcoin Strategic Reserve through an executive order of March 7. According to the order stockpile Almost 200,000 BTC.

From left to right, Alex Thorn, Matthew Sigel, Matthew Pines and Fred Thiel. Source: Turner Wright/Cointelegraph

Related: The fresh Maksima Bitcoin could be directed by the crisis of the Japanese bond market

Legislators, officials throw various ideas to develop a strategic Bitcoin reserve

Senator Wyoming Cynthia Lummis, an American legislator who introduced legislation for the Bitcoin strategic reserve in July 2024, proposed to transform some of the gold certificates owned by Bitcoin of the US Treasury.

Lummis said that the transformation of gold into Bitcoin would allow the US government to buy more bitcoins without incurring costs for the taxpayer.

Because Hines, executive director of the President of the Council of Digital Advisors, repeated this idea in March 2025.

https://www.youtube.com/watch?v=puxcqdo30jo

Hines called the US treasure to overestimate his golden farms, which are currently valued at just USD 42.22 per troi ounce, and converted some of these benefits to Bitcoin. Hines said that this strategy would also be neutral for the budget.

The price of gold reached the highest level of USD 3,500 per ounce in April, but in April experienced a compact withdrawal to around USD 3300 on May 27.

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