Bitcoin

Breaking: President Trump signs executive order to create Strategic Bitcoin (BTC) Reserve

  • No, the US authorities is not going to be buying Bitcoins so as to add to the reserve
  • The identical goes for altcoins as Sacks claims that the “reserve is not going to price taxpayers a dime”

The President of america – Donald Trump has formally made the primary transfer in making a strategic crypto reserve. The announcement was made by David Sacks – White Home-appointed ‘Crypto Czar’ – on X, earlier at this time. It said that President Trump has signed an govt order to create a Strategic Bitcoin Reserve.

It stated,

“Just some minutes in the past, President Trump signed an Government Order to ascertain a Strategic Bitcoin Reserve. The Reserve will probably be capitalized with Bitcoin owned by the federal authorities that was forfeited as a part of prison or civil asset forfeiture proceedings. This implies it is not going to price taxpayers a dime.”

The story continues to be growing.

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