Trump signs order to establish strategic bitcoin reserve
U.S. President Donald Trump has signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already owned by the government, disappointing some in the market who had hoped for a firm plan to buy new tokens.
US orders Bitcoin reserve, digital asset stockpile
Trump signed the order Thursday night, according to posts on X by his artificial-intelligence and crypto czar David Sacks and aide Margo Martin. Both the reserve and the stockpile will contain crypto forfeited as part of legal proceedings, according to Sacks.
One of the first steps after the establishment of a US strategic Bitcoin Reserve and a separate stockpile of other digital ...
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