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Trump signs order to establish strategic bitcoin reserve, White House crypto czar says

source-logo  reuters.com 07 March 2025 00:37, UTC
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WASHINGTON, March 6 (Reuters) - U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, White House crypto czar David Sacks said in a post on X.
The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, Sacks said.
reuters.com