American publicly listed trading platform Coinbase Exchange has endorsed the plans by incoming US President Donald Trump to establish a strategic Bitcoin reserve in the country. As reported by Axios, the exchange’s co-founder and CEO Brian Amstrong has highlighted the economic opportunities this will have on the nation.

Bitcoin Strategic Reserve: Tool for Economic Freedom

According to the Axios exclusive, the Coinbase CEO believes BTC can offer much more to the country. He believes the digital currency can drive market capitalism to benefit different key players.

“Economic growth comes from free market capitalism, deregulation, small government, and technological innovation,” he wrote. “If the rest of the G20 wishes to participate in economic prosperity, they would be wise to join the growing trend of embracing economic freedom and free markets.”

To build these reserves, Donald Trump is eyeing establishing a crypto advisory council with industry leaders.

This is a developing story, please check back for updates!!!

The post Just In: Coinbase Endorses Strategic Bitcoin Reserve appeared first on CoinGape.

Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0

CFN Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed