The U.S.’s stockpile will favor bitcoin and won’t include purchases that cost taxpayers money, the Trump administration says.
The Associated Press - Business News on MSN14d
Trump signs executive order to establish government bitcoin reserve
President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance.
US President Donald Trump signed an executive order on Thursday calling for the dismantling of the US Department of Education. The move fulfils a promise made by the 47th US President in the wake ...
President Donald Trump promised Bitcoiners a strategic reserve during his appearance at a crypto conference in July.
President Donald Trump late Thursday signed an executive order authorizing the federal ... the White House’s crypto and artificial intelligence czar. It also authorizes the Treasury and Commerce ...
President Donald Trump signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already owned by the government — a move that venture capitalist David Sacks ...
“This Executive Order underscores President Trump’s commitment to making the U.S. the ‘crypto capital of the world,’” said David Sacks, the White House’s crypto and A.I. policy ...
The executive order also creates a “U.S. Digital Asset Stockpile,” where the government will hold seized cryptocurrencies other than bitcoin. On Sunday, Trump sent crypto prices on a short ...
according to Trump’s “crypto czar” David Sacks. FILE – President Donald Trump listens to White House adviser David Sacks as he signs an executive order regarding cryptocurrency in the Oval ...