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He was speaking at a panel discussion during the Bitcoin 2026 conference in Las Vegas. Wei is the CEO of the Advisory Council for Digital Asset Experts. He confirmed that officials are working on plans for the proposed reserve.
Lawmakers are currently drafting a bill to establish an official reserve under federal law. This move could impact the market structure and the long-term adoption of Bitcoin. Market participants are closely monitoring developments in Washington. This plan is considered part of a broader strategy to incorporate digital assets into national economic planning.
Major XRP investors sold 1.10 billion tokens in one week — what’s next?
XRP whale activity peaked last week, as major holders reduced their holdings. Market analyst Ali Charts’ data indicates the sale or re-marketing of approximately 1.1 billion XRP. These figures show a significant decrease in the wallets of many digital currencies during this period.