Under conflicting industry responses, Trump signed an executive order establishing a Strategic Bitcoin Reserve utilizing confiscated BTC to bolster the US digital asset strategy.
Aiming to guarantee the US's digital asset future, Donald Trump has issued an executive order creating a Strategic Bitcoin Reserve supported by confiscated Bitcoin holdings. Critics contend that the arrangement is just a rebranding of current government assets with no fresh purchases or appreciable effect on the market of Bitcoin. Advocates, on the other hand, think the project would validate Bitcoin, therefore impacting world financial policies and motivating other countries to create their own reserves in line.
