Donald Trump signs executive order for Strategic Bitcoin Reserve

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The story "Donald Trump signs executive order for Strategic Bitcoin Reserve" was covered 3 days ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph 3d ago

Donald Trump signs executive order for Strategic Bitcoin Reserve - Coin Telegraph

Quick Summary:

US President Donald Trump signed an executive order establishing both a "Strategic Bitcoin Reserve” and a "Digital Asset Stockpile.

Notably, he added that the government wouldn’t buy additional cryptocurrencies for the stockpile “beyond those obtained through forfeiture proceedings,” and the Treasury Secretary “may determine strategies for responsible stewardship, including potential sales” from the stockpile.

Digital Asset Stockpile,” which Sacks said would be made up of cryptocurrencies other than Bitcoin.