Trump signs executive order creating bitcoin reserve and digital asset stockpile
President Donald Trump signed an executive order creating a strategic bitcoin reserve as well as a U.S. digital asset stockpile on Thursday, a day ahead of the White House hosting a crypto summit.
Trump signs executive order to establish government bitcoin reserve
Under Trump’s new order, the U.S. government will retain the estimated 200,000 bitcoin it’s already seized in criminal and civil proceedings, , according to Trump’s “crypto czar” David Sacks.
Trump order establishes US Bitcoin reserve
President Donald Trump signed an executive order on Thursday to establish a "strategic Bitcoin reserve" and is hosting a "crypto summit" at the White House.
Trump Signs Order to Establish Strategic Bitcoin Reserve
U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House. The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings,
Trump Signs Executive Order Creating a Strategic Bitcoin Reserve. What Does It Mean for Cryptocurrency?
Similar to how the government has a reserve of other currencies such as gold, this reserve houses the country's digital currency.
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