The United States examines many ways to augment the Bitcoin reserve without taxpayers’ dollars, including through tariff income and recalculating government certificates, according to the executive director of the Cryptographic Council of the Trump administration.
“We look at many creative ways, or from the tariffs, there are literally countless ways in which you can do it,” because Hines from the Presidential Council of Digital Asset Advisors he said In a recent interview with Professional Capital Management Anthony Pomplianiano.
Hines said that the State Treasury can check its gold certificates, worth $ 43 per ounce, to the current market price of USD 3,200 per ounce, creating a paper surplus for financing Bitcoin purchases without gold sales.
“Everything is on the table and, as we said, we want as much as we can, so we will make sure that no stone is rotated,” said Hines in an interview, which was broadcast on April 14.
🇺🇸 Latest: Executive Director of Digital Assets because Hines said that the US government can buy bitcoins using tariff revenues. pic.twitter.com/gfc2hiejol
– Cointelegraph (@Cointelegraph) April 15, 2025
The Bitcoin reserve initially includes forfeiture in governmental criminal matters, but will allow the government to develop neutral strategies in terms of budget for the acquisition of additional bitcoins.
During the interview, Hines said that the White House also develops the framework of digital resources describing how the US plans to support cryptographic innovations and promote Stablecouins of American dollars around the world.
“This will ensure transparency to many aspects of this space, regardless of whether it will be from toketenization to expansion, all kinds of things,” Hines said, adding that Trump’s administration moves quickly so that America becomes “the cryptographic capital of the world.”
Related: Bitcoin takes up a place when Trump, Bukele focuses on trade and immigration
“We are moving at technical speed, it’s like a startup in this building,” said Hines. “We will continue to move it quite quickly.”
It is expected that the report referred to will be published at the end of July or August.
No mention of Trump’s cryptographic projects
Hines was not asked to resolve some of the potential conflicts of Trump’s interest in the space of cryptocurrencies, including the controversial official Trump (Trump) Memecoin and the business undertaking of the Trump family with World Liberty Financial – which were raised by the opposition party.
I watched this interview in full.
The pump did not ask:
1. How many Bitcoins are the owner of the US government, and the internal control of the Trump administration told us that it should already be completed
2. The growing list of conflicts of Donald Trump’s interests in cryptocurrency … https://t.co/bvnxbkcmk1
– Pledditor (@Pledditor) April 14, 2025
Last month, the representative of the house Gerald E. Connolly called Trump token “catching money”, which meant that entities associated with Trump earned on commercial fees worth over $ 100 million.
The representative of Maxine Waters also criticized Memecoin Trump on January 20, referring to the carpet, while claiming that the premiere is “the worst crypto”.
Ai and the cryptographic charm of the White House, David Sacks, said that Trump Memecoin was nothing more than a collector’s.
Hines was also not asked if the US has completed the internal control of their Bitcoin (BTC) – the task that was supposed It will be completed within 30 days of the executive order of US President Donald Trump establishing a strategic Bitcoin reserve.
Warehouse: Trump’s crypto projects are raised by a conflict of interest, questions about trade in confidential information
