Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, discussed creative strategies for the government to acquire more Bitcoin without burdening taxpayers. One proposed solution is to realize gains from the government’s gold certificates, which are significantly undervalued at $42.22 per troy ounce compared to the current spot price exceeding $3,000. Senator Cynthia Lummis has suggested a bill mandating Federal Reserve banks to transfer their gold certificates' value to the Treasury. Hines emphasized the need for innovative ideas while maintaining a zero-cost approach to taxpayers. Currently, the U.S. government holds around 207,000 BTC from various legal proceedings, making it the largest national Bitcoin holder. The administration is also progressing on cryptocurrency legislation, with discussions around stablecoin regulation gaining bipartisan support in Congress, as indicated by California Democrat Ro Khanna's remarks at the Digital Asset Summit.

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