According to reports from Wu, U.S. President Trump signed an executive order in March directing the Treasury Department to establish a 'strategic Bitcoin reserve' and 'U.S. digital asset reserve.' Cryptocurrencies confiscated through criminal or civil proceedings will be included in the reserves.
According to Chainalysis analysis, as of May 28, the U.S. government holds approximately $20.4 billion in Bitcoin and $493 million in other digital assets, primarily from criminal activities.
