Trump Establishes U.S. Strategic Bitcoin Reserve
- President Donald Trump signed an Executive Order to create a Strategic Bitcoin Reserve.
- This reserve will consolidate Bitcoin obtained through criminal and civil asset forfeiture.
- The federal government holds approximately 200,000 Bitcoin, pending an audit for transparency.
- No taxpayer money will be used for the reserve without congressional approval.
- Only seized assets will be included; no new purchases of Bitcoin or other cryptocurrencies like ETH or XRP are planned.
The U.S. government has initiated a Strategic Bitcoin Reserve to store confiscated digital assets, with a current estimated holding of 200,000 Bitcoin. This move excludes the use of taxpayer funds and focuses solely on seized tokens.
Source (2.6)https://coingape.com/just-in-donald-trump-signs-executive-order-to-establish-strategic-bitcoin-reserve/?rand=24432
