ChainCatcher news, CryptoQuant CEO Ki Young Ju posted that the KRW to USD exchange rate is about to hit a 15-year high. He reviewed the history of South Korea overcoming the crisis during the 1998 IMF bailout by mobilizing gold from the public and stated that South Korea may currently need to launch a "digital gold mobilization campaign." Ki Young Ju emphasized that South Korea is the country that most needs to establish a Bitcoin strategic reserve.

ChainCatcher news, according to Bitcoin Magazine, European lawmakers are calling for the establishment of a Bitcoin strategic reserve, rejecting the digital euro.

ChainCatcher news, according to WatcherGuru, U.S. crypto-friendly Senator Cynthia Lummis has met with incoming Treasury Secretary Scott Bessent of the Trump administration to discuss issues related to Bitcoin as a strategic reserve.

ChainCatcher news, according to Bitcoin.com, BTC Inc. CEO and Trump campaign advisor David Bailey revealed that four countries have approved a strategic Bitcoin reserve plan, but did not disclose the specifics of these measures or the names of the countries involved.Bailey hinted that a group of Bitcoin-holding countries may be organized in the future, similar to today's traditional international organizations, such as the G7. Bailey emphasized that the scarcity of Bitcoin and global demand will drive competition among countries for Bitcoin.Although no country has officially announced related measures at this time, the United States and Brazil have begun to advance relevant regulations to lay a legal foundation for strategic Bitcoin reserves.

ChainCatcher message, VanEck's Head of Digital Asset Research Matthew Sigel posted on X: "VanEck supports Bitcoin as a strategic reserve. No need to cite 'sources', we will announce it ourselves."

ChainCatcher news, Zhao Changpeng expressed appreciation for the speech by MicroStrategy founder Michael Saylor, stating: "An excellent speech. Worth listening to. Also, thanks for his support of Binance in the video. Countries will compete to print money to buy Bitcoin, that is, Bitcoin as a strategic reserve. No one wants to be the last one."

ChainCatcher news, according to Bitcoin Magazine, Polish presidential candidate Sławomir Mentzen has promised to establish a Bitcoin strategic reserve if elected.

ChainCatcher news, Trump nominates Satoshi ActionFund co-founder Dennis Porter as the head of Bitcoin Strategic Reserve.

ChainCatcher news, according to Bitcoin.com News, Satoshi Action Fund founder Dennis Porter stated that several countries have contacted him, hoping he would draft regulations to establish strategic Bitcoin reserves.Porter pointed out that he has received calls from 5 different countries regarding the issue of Bitcoin strategic reserves. He emphasized, "Now, the success we have achieved through legislation in the United States can be exported around the world."It is reported that Porter has worked with state and national legislators in the United States and has supported several states in enacting the "Blockchain Basic Act." The Satoshi Action Fund is an organization that helps legislators formulate and implement Bitcoin policies.

ChainCatcher news, according to information from the official website, the "U.S. Bitcoin Strategic Reserve Act" proposed by Senator Lummis·Cynthia has now been officially submitted to Congress and is under review by the Senate Banking Committee. The purpose of the bill is to "establish a strategic Bitcoin reserve and other projects to ensure the transparent management of federal government Bitcoin holdings, utilize certain resources of the Federal Reserve System to offset costs, and for other purposes."The bill will subsequently undergo review by the Senate, the House of Representatives, and the President to determine whether it will be passed into law.