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President Trump has initiated a strategic Bitcoin Reserve for the United States through a newly signed executive order. David Sacks, the White House Crypto Czar, announced the plan, revealing that the reserve will be funded using Bitcoin seized in criminal and civil cases.
The order also mandates the accumulation of altcoins confiscated by federal agencies during legal proceedings, creating a broader digital asset stockpile. This move signals a significant shift towards embracing cryptocurrency within the U.S. financial system, potentially bolstering its position in the global digital asset landscape. Further details on the reserve’s management and intended purpose are expected to be released in the coming weeks.
