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Bitcoin Reserve and Digital Asset Stockpile: President Trump Signs Executive Order
US President Donald Trump yesterday (Thursday) signed an executive order to establish a Bitcoin Strategic Reserve to hold assets seized by the US government. The order also mandates the creation of a Digital Asset Stockpile for other types of crypto assets.A Store of Seized CryptocurrenciesInitially, the assets stored under the order will be those seized by the US government in various criminal cases. White House AI and crypto czar David Sacks described the Bitcoin reserve as “a digital Fort Knox for cryptocurrencies,” adding that the country would hold them long-term without selling.JUST NOW! President Trump signs an Executive Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile
US President Donald Trump yesterday (Thursday) signed an executive order to establish a Bitcoin Strategic Reserve to hold assets seized by the US government. The order also mandates the creation of a Digital Asset Stockpile for other types of crypto assets.
A Store of Seized Cryptocurrencies
Initially, the assets stored under the order will be those seized by the US government in various criminal cases. White House AI and crypto czar David Sacks described the Bitcoin reserve as “a digital Fort Knox for cryptocurrencies,” adding that the country would hold them long-term without selling.
JUST NOW! President Trump signs an Executive Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile
