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TechFlow news, March 23 — Matthew Sigel, VanEck's Director of Digital Asset Research, tweeted that Bloomberg Law analysts believe there is a 30% chance the federal government will purchase bitcoin this year. He argued that Trump would not need to spend political capital on legislation, since he could unilaterally achieve this through the Exchange Stabilization Fund (ESF) if he chose to.
VanEck's Head of Digital Asset Research, Matthew Sigel, tweeted that Bloomberg Law analysts believe there is a 30% chance the federal government will purchase Bitcoin this year. He thinks Trump won't expend political capital on legislation since he could unilaterally achieve this through the Exchange Stabilization Fund (ESF) if he wanted to.
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