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“It’s Official”: US Splits Crypto Deck—Bitcoin as Strategic Reserve, Altcoins Corralled in Digital Asset Stockpile


“It’s Official”: US Splits Crypto Deck—Bitcoin as Strategic Reserve, Altcoins Corralled in Digital Asset Stockpile

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  • US establishes Strategic Bitcoin Reserve: Bitcoin is now the primary government crypto asset
  • Altcoins (XRP, ETH, ADA, SOL) go to US Digital Asset Stockpile, not Bitcoin reserve
  • Trump order funds Bitcoin Reserve & Stockpile with seized, not taxpayer, funds

President Donald Trump has signed an important executive order that changes how the U.S. handles digital assets like Bitcoin and other cryptocurrencies. This order creates a special Bitcoin reserve and a larger U.S. digital asset stockpile. 

This confirms that Bitcoin will be the U.S. government’s main reserve asset, while XRP and other cryptocurrencies will also be part of the stockpile.

https://twitter.com/saylor/status/1897849562691166321

Bitcoin Reserve: Funded by Seized Assets, Not Taxpayer Money

The executive order creates a Bitcoin reserve, which will be funded with Bitcoin already owned by the U.S. government. 

These Bitcoins were seized in legal cases related to crime or other civil matters, meaning no taxpayer money will be used for this reserve.

Related: Bitcoin Price Correction: Trump Crypto Reserve Announcement Triggers ‘Buy the Rumor, Sell the News’ Market Reaction

XRP…

The post “It’s Official”: US Splits Crypto Deck—Bitcoin as Strategic Reserve, Altcoins Corralled in Digital Asset Stockpile appeared first on Coin Edition.

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Coins

$ 63.97K

-0.26%

$ 1.80K

+0.27%

$ 1.10

-0.95%

$ 0.165

-2.01%

$ 0.00725

-0.64%

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