#USCryptoReserve The President of the United States, Donald Trump, has signed an executive order to establish a strategic cryptocurrency reserve. This initiative includes the creation of a Bitcoin reserve, called "Digital Fort Knox," which will store approximately 200,000 bitcoins confiscated in legal proceedings, at no cost to taxpayers. Additionally, a U.S. Digital Asset Reserve will be formed for other seized cryptocurrencies, such as XRP, Solana, and Cardano. The order also authorizes the Secretaries of the Treasury and Commerce to develop strategies to acquire more bitcoin in a budget-neutral manner. This move aims to position the United States as a leader in the cryptocurrency industry and precedes a crypto summit at the White House.
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