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CFTC Chairman Says US Bitcoin Ban Likelihood 'Very Low,' Bitcoin Reserve Announcement Imminent

GateNews
Regulation & PolicyGeopoliticsbitcoin news

CFTC Chairman Michael Selig stated recently on the Market Disruptors Podcast that the likelihood of the United States banning Bitcoin is now very low, citing private property rights as a fundamental American principle that should protect personal crypto assets.

Selig added that the White House is actively creating a sustainable cryptocurrency roadmap and that an announcement regarding a U.S. National Strategic Bitcoin Reserve is imminent, according to his remarks.

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