#Coinbase supports Bitcoin reserves.#

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Coinbase's public support for establishing a U.S. government strategic bitcoin reserve has drawn widespread attention. Axios reported that Coinbase supports creating a U.S. government strategic bitcoin reserve, and said that the idea is gaining momentum. The news has also sparked debate about bitcoin as a reserve asset and whether the government should hold bitcoin. While it remains unclear if the U.S. government will adopt the proposal, Coinbase's support signals a growing possibility of bitcoin as a reserve asset.

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Coinbase recently publicly supported the creation of a U.S. government strategic Bitcoin reserve, sparking widespread attention. Axios reported that Coinbase was the first to publicly endorse the idea, saying it supports establishing a government-controlled Bitcoin reserve. This news has also triggered discussions about Bitcoin as a reserve asset and whether governments should hold Bitcoin. While it remains unclear whether the government will adopt this proposal, Coinbase's support suggests that Bitcoin is gaining increasing recognition as an asset class. This event also reflects the crypto industry’s ongoing development and its burgeoning impact on the traditional financial system.

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Coinbase supports establishing a U.S. government strategic Bitcoin reserve

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Coinbase publicly supports establishing a federal Bitcoin reserve for the first time

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Momentum is growing for establishing a Bitcoin strategic reserve

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Bitcoin strategic reserves will become strategic assets for the U.S. government

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