Ewensdev
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Ewensdev
A software developer who builds web solutions for companies and businesses. I am also a technical writer who enjoys writing šØāš»ā¤ļøšļø
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BitcoinReserveDeadline
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Bitcoin Reserve Deadline: What Happened?
May 5, 2025, was the official deadline for the U.S. Treasury to submit its assessment on establishing a Strategic Bitcoin Reserve, as mandated by an executive order from President Trump issued on March 6, 20252.Ā This report covers:
How and where the government would store seized Bitcoin (nearly 200,000 BTC, worth over $17 billion)
The legal frameworks required
Oversight and management responsibilities
If approved, this would make the U.S. the first major country to recognize Bitcoin as a strategic national asset, similar to gold reserves.Ā The move could significantly influence global crypto policy and market dynamics.
Can Bitcoin Transactions Be Reversed?
No, individual Bitcoin transactions cannot be reversed once confirmed by the network. Bitcoinās blockchain is immutable, meaning transactions are permanent and cannot be changed or undone unless the recipient voluntarily returns the funds.
#BitcoinReserveDeadline #StrategicBTCReserve #USStablecoinBill $BTC
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