#BitcoinPolicyShift
Recently, President Donald Trump officially signed an Executive Order establishing the United States Strategic Bitcoin Reserve Fund. The order signed by President Trump has officially included Bitcoin in the national reserve asset category of the United States.
- According to the content of the order:
• Initial capital: The fund will use approximately 200,000 BTC that the U.S. government currently owns, which was seized from criminal and civil cases. This is considered a long-term value storage, with a commitment not to sell this Bitcoin. According to David Sacks, selling Bitcoin early in the past has cost U.S. taxpayers over $17 billion, and the government wants to avoid repeating that mistake.
• Neutral budget strategy: The Department of the Treasury and the Department of Commerce will seek to buy more Bitcoin without increasing the tax burden.
• U.S. Digital Asset Vault: In addition to Bitcoin, the government is also establishing a repository for seized altcoins, but there are no plans to purchase additional altcoins on the market.