President Donald Trump has signed an govt order to create a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile.” This transfer goals to safe the federal government’s cryptocurrency holdings and handle digital belongings extra successfully.
Bitcoin Reserve to Maintain Seized Crypto
JUST NOW!
President Trump indicators an Government Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile
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— Margo Martin (@MargoMartin47) March 7, 2025
The Strategic Bitcoin Reserve shall be funded with Bitcoin seized in authorities felony instances. Based on White Home AI and crypto advisor David Sacks, the U.S. won’t promote this Bitcoin. As an alternative, will probably be saved as a long-term asset, just like gold reserves at Fort Knox. Different federal companies will evaluation their authority to contribute further Bitcoin to the reserve.
The Treasury and Commerce departments will discover methods to purchase extra Bitcoin with out including prices to taxpayers. This association ensures that the reserve grows with out further authorities spending.
Digital Asset Stockpile for Different Cryptos
Alongside the Bitcoin reserve, the chief order additionally establishes a “U.S. Digital Asset Stockpile.” This stockpile will embrace cryptocurrencies other than Bitcoin, obtained by authorized forfeiture. Nevertheless, the federal government won’t buy further crypto for this stockpile past what has been seized.
Trump beforehand hinted that XRP, Solana (SOL), and Cardano (ADA) may be included within the stockpile. Nevertheless, knowledge from Arkham Intelligence exhibits that the federal government doesn’t at the moment maintain these belongings. As an alternative, its largest crypto holdings embrace 198,109 Bitcoin (value round $17.87 billion), together with smaller quantities of Ethereum and Tether.
A Full Audit of Authorities Crypto Holdings
The manager order additionally requires a full evaluation of all digital belongings held by the federal government. Companies should report their crypto holdings to the Treasury Secretary and a particular crypto working group established earlier this yr. This process ensures transparency and higher administration of digital belongings sooner or later.
Trump’s determination to create a Bitcoin reserve highlights the rising function of cryptocurrency in nationwide monetary methods. By securing these belongings, the federal government is taking steps towards integrating digital currencies into its monetary planning.
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