#BitcoinPolicyShift
U.S. President Donald Trump signed an order to create a strategic Bitcoin reserve. It will be established based on assets confiscated in criminal and civil cases. This was stated by the White House 'crypto czar' David Sachs.
He emphasized that the funding for the reserve will not require taxpayer money, as it is based on assets already owned by the federal government. The U.S. does not plan to sell bitcoins from this fund. According to Sachs, it is positioned as a 'digital Fort Knox' - a long-term savings vehicle similar to the country's gold reserves.
According to various estimates, the U.S. authorities own about 200,000 BTC, however, an official audit of these assets has not been conducted before. The new order mandates a complete inventory of them. According to the document, this will also ensure transparency and oversight of the state's digital assets.