Trump creates a ‘strategic reserve of bitcoin’ on the eve of a cryptocurrency meeting about the White House

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The acting chairman of the president of Sec’s, Mark Uyed, talks about stopping the probes at the crypto companies, regulation, Chinese presence in US markets and efforts for technology independence.

President Trump, late Thursday, signed an executive order for establishing a strategic Bitcoin reserves. Kripto Emperor David Sachs celebrated the move through fasting on X.

“The reserve will be capitalized with Bitcoin owned by the Federal Government, which is seized as part of the criminal or civil assets. This means that it will not cost taxpayers,” he wrote. “It is estimated that the US government has about 200,000 Bitcoin.

Sachs, Silicon Valley and Veterans Pro-Crypto to form a future policy over digital assets, repeated his criticism of previous administrations for what he considered to throw the ball on Bitcoin, the largest cryptocurrency by market value.

“Premature sales of Bitcoin has already cost US taxpayers more than $ 17 billion lost values. Now the Federal Government will have a strategy to maximize the value of its stakes,” he also noted.

Sachs also pointed out that other digital currencies could be used.

“In addition, the executive order establishes the American digital supply of assets, consisting of digital assets except Bitcoin taken away in criminal or civil proceedings.”

This move comes on the eve of the roundtable on Friday with members of the presidential work group on digital property in what is charged as the “digital top of the property”.

Participants at a meeting on Friday include the following cryptocurrency leaders, while more can be added:

Tyler and Cameron Wincklevoss, Blim’s founders
Vlad Tenev, Executive Director Robinhood
Arjun Sethi, Kraken CEO
Michael Saylor, founder and executive chairman of the Strategy (earlier Microstrategy)
Brian Armstrong, Coinbase CEO
Sergei Nazarov, co-founder of Chainlink
Kyle Samani, Management Partner at Multicoin Capital
Zach Witkoff, co -founder of Trump’s World Liberty Financial
JP Richardson, Exodus CEO of Exodus
Matt Huang, a paradigm co -founder
David Bailey, Executive Director of Bitcoin magazine

Last Sunday, on the eve of the meeting, Trump has progressed his plans for a strategic reserve For crypto currency, publication on the truth social:

“AND Us crypto reserves It will increase this critical industry after years of corrupt bidet administration attacks, which is why my executive order on a digital property directed the presidential work group to move forward in the cryptic strategic reserve that includes XRP, Sol and Ada. I will make sure that they are now a crypto of the capital of the world. We make America brilliant again! “

Here’s a recording of prices in real time of popular cryptocurrency.

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