Bitcoin News: Major US Government Cryptocurrency Disclosure Approaching
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A significant development in the cryptocurrency space is on the horizon, as the United States government prepares to disclose details about its holdings in digital assets, particularly Bitcoin (BTC). Here’s what you need to know.
Bitcoin News: Major US Gov’t Crypto Disclosure Coming Soon
A major disclosure of United States government cryptocurrency assets, particularly focusing on Bitcoin (BTC), will occur on April 5. This directive was issued by President Donald Trump on March 6. Government departments have already submitted their cryptocurrency balance reports to the administration. The Treasury Department will officially release data about government digital asset quantities, strategic plans, and related information. The executive order requires transparency from all agencies regarding their cryptocurrency possessions, and two new offices will be responsible for securing these assets. This development could positively impact the Bitcoin news cycle.
FAT Brands Accepts Bitcoin for Franchise Payments
NASDAQ-listed FAT Brands, an iconic restaurant chain with more than 2,300 locations worldwide, has announced that it now accepts Bitcoin (BTC) for royalty payments. The company, which is the parent of Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and 14 other restaurant franchises, made the announcement via a press release on April 2. This move makes FAT Brands the first company in the restaurant franchise industry to adopt crypto. With the growing mainstream interest in Bitcoin, FAT Brands has decided to embrace the digital currency as a payment method.
Paris Hilton’s Bitcoin Endorsement: A Celeb Buy Signal?
On April Fool’s Day in 2021, Paris Hilton confirmed in a CNBC interview that she had been investing in Bitcoin. This revelation came during a period of peak market activity, with Bitcoin’s price surpassing $60,000 just two weeks earlier. This endorsement from a high-profile celebrity could be seen as a buy signal for Bitcoin investors.
Tether Aggressively Accumulating Bitcoin in 2025
Tether, the issuer of USDT, has been stockpiling Bitcoin in 2025. According to Arkham data, in Q1 2025, Tether bought 8,888 BTC, bringing its total holdings to 100,521 BTC. Some believe this strategic move is to protect against a potential USDT depeg, referencing a similar incident in 2021 where USDC couldn’t restore the peg immediately due to bank closures. Tether’s massive accumulation of BTC makes it one of the largest BTC holders, trailing only Strategy (formerly MicroStrategy) but holding more than Tesla.
Digital Shift in Swiss Economy Boosts Prospects for Swiss Stablecoin
Switzerland’s economy is undergoing a significant digital transformation, with digital transactions now surpassing cash payments. A new survey from the Swiss National Bank reveals that debit cards have become the most common payment method, overtaking cash for in-store purchases. In 2024, 35% of purchases were made with debit cards, compared to 30% with cash. This marks a substantial shift from 2017, when cash accounted for 70% of payments. Bitcoin Suisse sees this trend as a ’substantial opportunity’ for a Swiss stablecoin.
