đ Strategic Bitcoin Reserve EstablishedîPresident Trump signed an executive order to create a Strategic Bitcoin Reserve, initially capitalized with 200,000 BTC seized by the governmentî îîThis move positions the U.S. as a leader in digital asset strategyîîThe reserve aims to centralize and secure the nation's cryptocurrency holdings, treating Bitcoin as a strategic assetîîThe Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional Bitcoin, ensuring no additional costs to taxpayersî î
îđź **Inclusion of Major Cryptocurrencies in U.S. Crypto Reserve* îIn addition to Bitcoin, President Trump announced that XRP, Solana (SOL), Cardano (ADA), and Ethereum (ETH) will be part of the U.S. strategic crypto reserv. îThis decision underscores the administration's commitment to embracing a diverse range of digital asset.î îî
îđ° **Financial Implications and Criticisms* îDavid Sacks, the White House crypto and AI czar, revealed that the U.S. government may have lost over $16 billion by prematurely selling half of its Bitcoin holdinsî îTo prevent similar losses, the administration is taking steps to secure and manage its digital assets more effectivey.î îciteîturn0news2î îHowever, these initiatives have faced criticism from some lawmakers concerned about potential conflicts of interest and fiscal irresponsibiliy.î
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