Industry Insiders: Trump Establishes Sovereign Wealth Fund or Hopes to Acquire Bitcoin Without Bureaucracy
2025-02-04 12:47:01
United States President Trump Trump Signed Executive Order Establishment Sovereigntydesk3cryptocurrencydesktopCrypto News
US President Donald Trump has signed an executive order establishing a sovereign wealth fund, and Danny McCabe, chief executive of Flexa, said: "Given the clear US support for digital assets, a sovereign wealth fund is likely to include bitcoin and possibly even other'made in the US 'digital assets with real economic utility, such as Ethereum. Including these digital assets would not only provide greater stability to the US economy, but would be a major leap forward in making the US a leader in digital assets." Austin King, co-founder of Omni Network, said a sovereign wealth fund could be an alternative for Trump to acquire bitcoin without bureaucracy.
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