A few minutes ago, President Donald Trump signed a historic order to create the Strategic Bitcoin Reserve and the US Digital Asset Reserve, representing an important step in establishing the US as the 'crypto capital of the world.' This order aims to develop a long-term strategy for managing digital assets obtained through confiscations and to minimize losses from premature cryptocurrency sales.

Strategic Bitcoin Reserve

The reserve will be capitalized with bitcoins that have been confiscated through criminal and civil processes, meaning no costs for taxpayers. The federal government is expected to already own approximately 200,000 bitcoins; however, a full audit of this amount has not yet been conducted. The main goal is to hold bitcoins as a means of accumulation rather than selling them, which will ensure stability for the cryptocurrency market and prevent losses similar to those incurred from premature sales, which cost the US over $17 billion.

US Digital Asset Reserve

In addition, the order creates the US Digital Asset Reserve, which will include confiscated digital assets other than bitcoins. This reserve will be managed by the Department of Treasury, and the government will not acquire additional assets other than those obtained through confiscation.

The Ministry of Finance and Trade is authorized to develop strategies for acquiring bitcoins without additional costs to taxpayers.

What will this provide?

This step is part of Trump's ambitious strategy to turn the US into a leader in cryptocurrencies and digital assets. Establishing reserves based on confiscated bitcoins and other digital assets will allow the government to manage its assets effectively without burdening taxpayers with additional expenses. This will also create additional market advantages for the US, considering the growing interest in cryptocurrencies and blockchain technologies.

How will this help the industry?

The implementation of this order will demonstrate to the global community the readiness of the US to support advanced technologies and will contribute to the growth of the digital asset industry. This move will also boost investor and entrepreneur confidence, strengthening the cryptocurrency market and ensuring long-term stability.

Thus, President Trump's order is not only an important step in managing state assets but also a key milestone on the path to US leadership in the cryptocurrency sphere.$BTC