#BitcoinPolicyShift

President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve.

The White House's cryptocurrency and AI czar, David Sacks, stated that the reserve will be funded exclusively with bitcoin confiscated in criminal and civil forfeiture cases, ensuring that taxpayers do not bear any financial burden.

The order also establishes a U.S. Digital Asset Warehouse, managed by the Department of the Treasury, to hold other confiscated cryptocurrencies.