• Zhao mentioned the US authorities can purchase Bitcoin after or earlier than the acquisition is completed
• 4 US states have handed strategic Bitcoin reserve legal guidelines from the committee
• These developments could point out that the US authorities is actively accumulating Bitcoin

Changpeng Zhao, co-founder and former CEO of Binance, lately hinted that the US authorities is a significant purchaser of Bitcoin.

Yesterday on X, he tweeted: “The US authorities should purchase Bitcoin after or earlier than the acquisition. There isn’t any different possibility.”

The tweet follows experiences that Montana’s proposed “Strategic Bitcoin Reserve” legislation has efficiently reviewed the committee and superior to vote on the Home flooring.

Montanaville triggers hypothesis of US Bitcoin Reserve

The invoice proposes creating particular income accounts that permit states to spend money on valuable metals, stubcoins and digital belongings which have a median market capitalization of greater than $750 billion over the previous yr. Presently, Bitcoin is the one cryptocurrency that meets this customary.

Montana has joined an increasing number of states, together with Utah, Arizona and Oklahoma, transferring ahead with comparable Bitcoin Reserve invoices on their respective home flooring.

These developments might counsel that the US authorities is actively buying the world’s hottest digital belongings, and will elevate costs.

The US Authorities’s stance on Bitcoin

Lately, there have been some constructive aspirations for Bitcoin from the US authorities. Most notably, the Trump administration is a pro-crypto.

Earlier than the Trump administration, Sen. Cynthia Lumith launched a invoice to determine a strategic Bitcoin Reserve in July 2024. The legislation requires the US Treasury Division and the Federal Reserve to accumulate 200,000 Bitcoin per yr over 5 years.

The aim is to enhance the nation’s fiscal resilience and exhibit management on the earth of cryptocurrency.

Professional Bitcoin bill based mostly on us

The invoice has but to achieve traction, however it reveals that Bitcoin is a sizzling subject amongst some US authorities officers.

In January 2025, US President Donald Trump signed an govt order entitled “Strengthening American Management in Digital Monetary Know-how.” The directive units out the administration’s technique to strengthen the US place in digital belongings and monetary know-how.

General, these legislative measures present a broader pattern in authorities companies to acknowledge and maybe add digital belongings like Bitcoin to their monetary methods.