“We expect that in the coming months, government entities, including central banks, sovereign wealth funds and treasuries, will begin to form strategic reserves in Bitcoin,” the report notes.
The expert emphasized that the absence of cryptocurrency in government reserves may become a more significant risk than its acquisition. According to him, high inflation is already putting pressure on the stability of national currencies and the economy, which makes investments in Bitcoin a promising tool for protection.
Hogan also noted that if the United States decides to create reserves in Bitcoin, other countries may begin to accumulate the asset secretly in order to avoid a rapid increase in its value on the market.
In addition, the expert expressed confidence that this year, traditional financial markets will actively integrate structured products related to digital assets, making them available to a wide audience.
Earlier, it was reported that the Syrian interim government had tasked the Economic Research Center (SERC) with developing a strategy for integrating Bitcoin into the national economy. This decision is aimed at combating inflation and improving financial accessibility for the population.