Trump signs the executive order to establish ‘Strategic BitCoin’ ‘CRIPTO CAR DAVID SACKS confirms
Bitcoin Reserve Construction without taxpayers’ funds
The reserve will not rely on taxpayers’ money. Instead, it will be financed exclusively with Bitcoin seized in cases of criminal and civilian waste. “Reserve will be introduced in Bitcoin owned by the Federal Government, which was confiscated as part of a criminal or civilian asset for excellent property,” bags wrote.
The government has significant reserves Bitcoin
Although there was never full revisions, assessments suggest that the US government controls about 200,000 Bitcoin. Trumps Executive Order Mandates a comprehensive overview of federal digital means for the digital means.
Prohibition of sales reserves Bitcoin
The order also prohibits the government to sell Bitcoin from reserves, framing it as a long-term value of value. This decision comes after the past bitcoin liquidation has led to mass missed financial possibilities. The bags have previously noted that the United States lost over 17 billion dollars in potential gains for sale of a confiscated bitcoin too early.
Creating the American digital stockpile
Beyond Bitcoin, Executive order establishes the USA Digital Asset Stockpile to hold other seized cryptocurries. This stock will be managed by the Ministry of Finance, ensuring a structured approach to handling the seized digital means.
Future development policy
Secretary of the Vault Scott Bessent and Secretary Store Howard Lunnick will monitor further policy development. Their focus will be on budget-neutral management strategies and potentially expand the reserve.
This move follows Trump’s recent functions of Social Media Post, in which he said the government would water Bitcoin, Etherum and three more tokens. The post has received a refund from some in the crypt industry. However, the bags described a new policy as the main step towards making the United States “Cripto capital of the world. “
With this Executive Account, the American government gives a strong statement about the future of digital property. Although reactions remain mixed, the decision signals a clear shift towards watching bitcoin as a strategic asset, not disposable help.
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2025-03-07 04:01:00
