Trump signs executive order to establish government bitcoin reserve

President Donald Trump signed an executive order establishing a government reserve of bitcoin, retaining 200,000 seized bitcoins. The U.S. government will not sell any bitcoin deposited into the Reserve, aiming for a full accounting of its holdings and developing strategies for acquiring additional bitcoin. Trump’s move towards mainstream acceptance of cryptocurrency includes the creation of a U.S. Digital Asset Stockpile for seized cryptocurrencies other than bitcoin.

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