#BitcoinPolicyShift President Donald Trump has signed an executive order establishing a strategic bitcoin reserve, marking a significant shift in U.S. cryptocurrency policy. This reserve will be funded primarily through bitcoins seized in criminal or civil asset forfeitures, aiming to capitalize on bitcoin's fixed supply and enhance national financial strategy.

The initiative also includes the creation of a digital asset stockpile for other cryptocurrencies, such as Ethereum, XRP, Solana, and Cardano. These assets will be liquidated upon acquisition, with no current plans for additional purchases beyond forfeitures.

David Sacks, appointed as the White House's AI and crypto advisor, described the reserve as a "digital Fort Knox," underscoring its strategic importance.

This policy shift reflects a broader warming toward cryptocurrency in Washington, with both major political parties recognizing its growing significance in the financial landscape.

In related news, El Salvador has secured $3.5 billion in financing from the International Monetary Fund and other supporters after making the use of Bitcoin voluntary for the private sector, indicating a significant shift in its Bitcoin policy. $BTC