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US Congressman introduces an account that provides a Bitcoin strategic reserve cannot be revoked

US Congressman introduces an account that provides a Bitcoin strategic reserve cannot be revoked

The American Congressman Biron Donald plans to introduce an account to ensure an executive order for President Donald Trump, which establishes a Bitcoin strategic reserve cannot be overturned to future presidents.

According to recent Bloomberg reportDonaldi “aims to protect an executive order to establish a national strategic bitcoin (Btc) Reserve and Us Digital agent supplies for storing the executive policy or decision of the future American presidents. Therefore, the account serves to “codify” the executive signed 7. Marta.

“For years, the Democrats took the war on Cripto. It’s now time that Congress Republicans decidedly end this war,” Florida Republican said. The Donal Sam is known to be accepted by the CRIPTO while preparing to guide the Governor of Florida in the upcoming elections.

In order to pass, the bill would require 60 votes of Senate and a majority vote in the House of Representatives. Trump The administration was considered much more pro-crypto, especially compared to the previous correct administration, which was accused of trying to alienate the crypto industry through regulatory bodies as Securities and exchange office commission. So far, most cryptological policies received support in Trump Congress and Democrats and Republicans.

What does the default recipe of Bitcoin involve?

Trump executable term is a mandate creation Bitcoin, as well as a digital stock of the main tokens like XRP (XRP), Sol (Salt) and Ada (Ada). The reservation would be compiled using the BTC, which held an American federal government, seized by criminal or civilian for outflow.

Not only that, the executive order also authorizes departments for the Treasury and trade to lower “budget-neutral strategies” to buy more bitcoin for reserves. In this way, the government would not buy Bitcoin using taxpayers’ means. Executive order also prohibits the sale of any bitcoin in reserve.

AI and Cripto Czar David Sacks estimated that the US government currently has 200,000 BTCs. However, the exact amount was not revealed, given the BTC Trove has never been subject to full audit.

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2025-03-14 14:58:00

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