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Cryptocurrency News Articles

Conor McGregor Urges Ireland to Create a Bitcoin Strategic Reserve.

May 10, 2025 at 08:03 pm

The push comes amid rising global momentum for Bitcoin reserves, especially under pro-crypto U.S. leadership.

Conor McGregor Urges Ireland to Create a Bitcoin Strategic Reserve.

Conor McGregor, the renowned UFC champion, has made a passionate plea to Ireland for establishing a Bitcoin strategic reserve.

McGregor’s intervention comes amid a burgeoning global movement toward Bitcoin reserves, notably spurred by the pro-crypto administration of U.S. President Donald Trump.

Earlier this year, Trump signed an executive order to create a Strategic Bitcoin Reserve as part of a broader digital asset stockpile.

This move, in response to a bill passed by Congress, was a direct result of bipartisan support for introducing Bitcoin into the U.S. financial system.

The push comes as Germany and Switzerland have already begun integrating Bitcoin into their national financial plans.

Moreover, the first U.S. states to establish state-level Bitcoin reserves are New Hampshire and Arizona.

Arizona, under Governor Katie Hobbs, passed a law converting unclaimed property funds into Bitcoin, a crucial step in the state’s financial strategy.

This bipartisan consensus around using Bitcoin to modernize state finances is noteworthy.

Together, these developments suggest that other states and countries may soon follow suit.

McGregor’s plea on X (formerly Twitter) underscores the growing conversation around crypto at the national level.

The UFC champion, known for his outspoken nature, took to X to share his thoughts on returning financial power to the people.

In his own words:

Crypto in it's origin was founded to give power back to the people. An Irish Bitcoin strategic reserve will give power to the people’s money. I will be cohosting a Twitter space to talk about what I want to see changed. Victory to Ireland! 🇮🇪

— Conor McGregor (@McgregorNotorious) August 14, 2025

McGregor's post garnered over 735,000 views within 12 hours, a testament to the widespread interest in government-level Bitcoin adoption.

This follows closely on the heels of Germany and Switzerland setting the stage for integrating Bitcoin into their national financial plans.

Both nations are actively exploring ways to introduce the crypto flagship into their reserve assets.

In March, Trump signed an executive order to establish a Strategic Bitcoin Reserve as part of a broader digital asset stockpile in response to a bill passed by Congress with bipartisan support.

This move aligns with Trump’s campaign promises to turn the U.S. into the “global hub for digital assets” and reduce the regulations imposed by the previous administration.

Despite this bipartisan support in the U.S. Congress, former President Barack Obama’s administration had largely stalled on introducing Bitcoin into the U.S. financial system.

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Other articles published on May 11, 2025