Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.
Highlights 🧵:
1/ U.S. President Trump has signed an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile consisting of other digital assets. The SBR will be capitalized with 200,000 BTC seized through criminal or civil asset forfeiture, serving as a long-term store of value with no plans for active expansion. In contrast, the Digital Asset Stockpile will include other seized digital assets and will not actively expand beyond what is acquired through forfeiture, focusing on responsible stewardship under the Treasury Department.
2/ Vietnam’s Ministry of Finance is introducing a legal framework for digital assets, including a state-licensed digital currency exchange. This initiative, underpinned by Prime Minister Pham Minh Chinh’s call for clear regulations, aims to ensure investor safety in a sector that saw US$120B in inflows in 2023. According to the Vietnam Blockchain Association, Vietnam is among the top three countries globally for digital asset ownership.
3/ Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser, aiming to bring the platform on-chain through Project Liberty’s decentralized, blockchain-based technology. If successful, Project Liberty plans to make privacy, security, and digital independence core features of the redesigned TikTok.
Check out our latest publications from this week 🔎:
- Monthly Market Insights - March 2025
- Sustainable Tokenomics: Questions Every Founder Should Think About
