Scaramucci predicts China to adopt Bitcoin reserves

Speaking at the Bitcoin MENA 2024 conference, Anthony Scaramucci suggested China may reintegrate Bitcoin into its reserves and legalize mining by next year, amid rising global interest in Bitcoin as a strategic asset. Nations like Russia, Brazil and the U.S. are exploring Bitcoin reserves to enhance financial resilience. Scaramucci’s prediction aligns with Bitcoin’s post-halving rally and stabilization near $97,000, signaling its growing role in global finance, CryptoSlate has reported.