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Trump signed an executive order to create a strategic BTC reserve in the US

The President of the United States, Donald Trump, signed an executive order to establish a strategic bitcoin reserve, which entails the storage of assets confiscated by the Treasury Department in criminal and civil cases.

BTC
BTC

According to the document, selling cryptocurrencies from the new fund is prohibited — they will be used as a means of long-term storage of national assets. Other federal agencies will explore the possibility of transferring their bitcoin holdings to the common reserve.

Additionally, the president ordered the creation of a separate storage for digital assets unrelated to BTC. These coins must come only from confiscations and not be additionally purchased. They can be sold on the market only in exceptional cases, if deemed necessary by the Treasury Department. The executive order aims to strengthen the status of the US as a global crypto hub.

Earlier, we reported that Trump issued an executive order to create a crypto reserve consisting of Bitcoin, Ethereum, and coins like Ripple (XRP), Solana (SOL), and Cardano (ADA). He announced this on his social network TruthSocial.

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