BLACKROCK FACES THE FDIC WHILE TRUMP GOES ALL-IN ON BITCOIN

BlackRock’s sitting on $52.8B in Bitcoin, making it a certified crypto whale. 

But the FDIC isn’t having it - demanding receipts on its bank ties and rejecting a request for more time to comply. Subpoenas could hit next.

At the same time, Trump’s rolling out a bold BTC move: a plan to build a US Strategic Bitcoin Reserve. 

The goal? Stack 1M BTC in 5 years, starting with seized coins, and position the US as a global crypto leader.

It’s Bitcoin vs TradFi power plays, and the stakes couldn’t be higher. 

Source: CNBC