Trump signs an executive order for the American Strategic Reserve Bitcoin

AI and Cripto Czar David Sacks speak with President Donald J drool because he signs executive orders at the White House of Oct. 23. January 2025. in Washington, DC.
Jabin Botsford | The Washington Post | Getti images
President Donald Trump signed the executive order to create strategically on Thursday Bitcoin Book, marking a large shift in the American Digital Asset Policy.
White House Cripto and Ai Czar David sags, Silicone Valley Venture Capitalist, wrote in the post to k That the reserve will be financed exclusively with Bitcoin seeds in cases of criminal and civilian waste, ensuring that taxpayers are not financial burden.
According to estimates, the US government controls approximately 200,000 Bitcoin, although full audit has never been implemented. Trump’s order of mandate Comprehensive accounting of federal digital means and prohibits the sale of bitcoin from reserves, positioning it as a permanent value store.
In addition, the order establishes the American stock of the digital asset, which managed the Ministry of Finance, to hold other seizures of cripmies.
Many crypto investors who supported Trump Concerned over the weekend after the president said in Mail on the truth that next to bitcoin, ether, XRPSolana’s Salt token and Cardano’s Ada Coins would be part of a strategic cryptic reserve.
“I have nothing against XRP, salt or ade, but I don’t think they are suitable for Strategic Reserve” Bitcoin Millioner Tyler Vinklevoss wrote. “Only one digital property in the world is currently meeting with a bar and that the digital means is essential.”
Via the announcement, Nic Carter Island Castle Island, said CNBC that the US reserve who committed Bitcoin-only “that Bitcoin would ratify the Bitcoin as a global consequence, somewhere in gold in gold. “
“The United States is obviously the most important nation in the world, so their seal of approval really works much for Bitcoin,” Carter said, including any digital currencies that Bitcoin would make it look like another speculative fund.
Ryan Gilbert, Fintech Investor, said the move would send a strong message to the institutions that Bitcoin is here to stay here. He said the decision would further distinguish between Bitcoin from other cryptocurries.
“There were a lot of people in the last decade and a half who said Bitcoin was a trip, ignoring other tokens,” Gilbert said. “I think it will help Bitcoin as a token, as a means, separately from everyone else, as far as the discussion is concerned.”
But Gilbert said that the United States must be careful in how to manage the reserve.
“What we don’t want to see is the American active merchant Bitcoin,” he said. “The reserve should be the long-term value of value, not something that introduces the speculation in the market.”
Sack praised the decision, calling it a turning point in the American cross-crossest crossest. He has previously noted that the United States has lost over 17 billion dollars potential value for sale too soon the Bitcoin seized.
Secretary of Vault Scott Besent and Secretary Store Howard Lunnick will monitor further policy development, with a focus on budget-neutral procurement strategies for Bitcoin, towards sacks.
Watch: Solana Su-founder opposes Trump’s Proposal CRIPTO reset

(TagstotRanslate) News: Technology (T) BitCoin / USD Coin Metrics (T) CRIPTOCURLENCE (T) BITCOIN (T) Etferr (T) Metrics (T) SOLPLE / USD METRICS (T) CARDA COLOIN METRICS (T) CARD / USD
https://image.cnbcfm.com/api/v1/image/108097322-1738700553987-gettyimages-2196058685-Trump.jpeg?v=1741306865&w=1920&h=1080
2025-03-07 03:32:00