
El Salvador proposes crypto trade with Russia amid sanctions pushback
The proposed use of Bitcoin and crypto aims to address the impact of sanctions and logistical challenges on conventional trade channels.
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Bitcoin nears $70K amid rally driven by bullish political endorsements and strategic reserve discussions.

Calling the current Biden-Harris administration “fascist,” Trump said that Bitcoin is the only way to avoid government coercion and control.

The initiative would begin by moving the 210,000 Bitcoin the US government currently holds into a Treasury-managed reserve.

He emphasized the importance of crypto in geopolitics and promised to make the US a leader in adoption.

If elected, Kennedy intends to direct the Treasury to purchase 550 BTC daily until the US amasses a reserve of 4 million Bitcoin.

Saylor said Bitcoin could help solve half the world's economic problems, especially for indebted countries struggling with rising debt.



