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Bitcoin Reserve: U.S. Treasury Rules Out BTC Buys as GOP Senators Push For Use Of Gold Reserves

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February 4, 2026
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Bitcoin Reserve: U.S. Treasury Rules Out BTC Buys as GOP Senators Push For Use Of Gold Reserves
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A heated debate over a Bitcoin reserve erupted on Capitol Hill today as U.S. Treasury Secretary Scott Bessent told lawmakers the U.S. government does not plan to buy BTC with taxpayer funds. The exchange occurred during a House Financial Services Committee hearing, as Rep. Brad Sherman pressed him on a government intervention for Bitcoin. However,

The post Bitcoin Reserve: U.S. Treasury Rules Out BTC Buys as GOP Senators Push For Use Of Gold Reserves appeared first on CoinGape.

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