Bitcoin News
By Maheen Hernandez
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In a significant shift that could reshape the future of cryptocurrency in the United States, Secretary of Commerce Howard Lutnick has declared that “America is ready for Bitcoin.
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The Department of Commerce has introduced a new initiative called the Bitcoin Mining Accelerator, designed to support and expedite Bitcoin-related infrastructure across the…
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According to Lutnick, one of the program’s most innovative components is a plan allowing mining companies to build private power plants near natural gas fields.
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The Commerce Secretary also made headlines by stating that Bitcoin should be officially classified as a commodity, placing it in the same category as gold and oil.
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“Bitcoin’s economic significance is undeniable. It’s time we treat it that way,” Lutnick remarked, emphasizing that the U.S.
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This renewed focus on Bitcoin comes after years of regulatory uncertainty. Under former President Biden, the crypto industry often faced regulatory roadblocks and enforcement…
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Adding further credibility to the administration’s vision is the involvement of AI and crypto advocate David Sacks, who now serves as the national technology and cryptocurrency…
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Lutnick’s message was clear and confident: “When America embraces something, it doesn’t turn back.
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