White House: Bitcoin “deserves a special treatment” on XRP, Solana, Cardano in the Crypto Reserve

A senior White House official said Decipher That President Donald Trump invented an exclusive strategic reserve for Bitcoin Thursday Because the president’s administration looks at the cryptocurrency as belonging to its own bond.

“Bitcoin is distinguished in our opinion,” said a senior White House official. “It is the safest. It is the most central. It doesn’t have a source. So it is worth a special treatment.”

When signing an executive order to create a bitcoin strategic reserve, Trump has also created a stock of federal digital assets, which will include various other encrypted currencies that the US government seized.Regarding the procedures for confiscating criminal or civil assets. “

Trump said on Sunday that such stocks will specifically contain XRP, Solana and Cardano, which sends market prices to these flying assets. “I think the president has just gave five examples of cryptocurrencies in his post,” the official said. “These five are the largest by the maximum market, so I think people read a lot. The bottom line is, I think what we announced here is compatible with what the president has always said about the space.”

It is not currently clear whether the United States government has any assets mentioned in the Trump publication, unlike Bitcoin and Ethereum, It may have been acquired from previous criminal procedures. Governor of Checks of the US government set by Blockchain Intelligence Arkham Currently zero contract XRP, Sol, or Ada.

When asked by Decipher Whether this means that the encryption stocks may not be displayed XRP, Sol or Ada after all, the White House official deviated, saying that the United States government does not yet have a complete accountability for the digital assets it carries and in any amounts.

“We have to go to know what the federal government already possesses,” the official said. They have not reviewed the accounts before. I think this is the place to start. “

The official explained that although nearly 200,000 Bitcoin, which is believed to be in possession of the US government, will be held indefinitely with the aim of generating “long -term value”, the US Treasury Secretary will have the power to sell any altcoins in the stock of digital assets if it is “I decided that this was the best strategy. “

The official also disturbed the agenda of this first day at all The top of the White House encryptionWhich will put many industry leaders in an interview with senior government officials. No tax -related issues will be discussed; The focus will instead in the first place Dismantling the regulations to combat the era of Biden.

Editor’s note: This story was updated after publishing to include additional comments from the senior White House official.