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Donald Trump signs executive order for a ‘Strategic Bitcoin Reserve.’
The New York Times reports Trump signed an EO Thursday evening to “establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile” consisting of crypto assets owned by the Treasury forfeited in criminal or civil cases.
In a video, the president prepared to sign as a voice offscreen called it “like a digital Fort Knox for digital gold,” however CoinDesk notes that not everyone in crypto feels like they got what they paid for yet, with one exec calling it “the most underwhelming and disappointing outcome we could have expected for this week.”
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