#BitcoinPolicyShift

The President of the United States, Donald Trump, recently signed an executive order to establish a national "Strategic Bitcoin Reserve". This reserve will be funded through bitcoin assets seized in criminal and civil legal proceedings, as well as additional acquisition strategies that do not burden taxpayers.

This move marks a significant shift in the US government's policy towards cryptocurrencies, given that Trump was previously known to be skeptical of digital assets. David Sacks, the official in charge of AI and cryptocurrency policy at the White House, called this reserve a "digital Fort Knox".

In addition, Trump announced the creation of a “US Digital Asset Reserve” that will hold various other cryptocurrencies such as ether, XRP, solana, and cardano. This move aims to diversify the government's financial assets and attract cryptocurrency industry activity to the US.

While this move is considered significant, some industry players had hoped that the US government would take more aggressive action, such as making large purchases of bitcoin. However, this executive order emphasizes the acquisition of digital assets without increasing the burden on taxpayers' budgets.

The US move follows in the footsteps of other countries that have adopted similar policies. In 2021, El Salvador became the first country to make bitcoin legal tender. However, in January 2025, El Salvador reformed the law following an agreement with the International Monetary Fund (IMF), making bitcoin acceptance voluntary.

With this new policy, the US could potentially lead the way in the integration of cryptocurrencies into the global financial system, although challenges and debates regarding the regulation and management of digital assets remain.