Trump's executive order will require federal agencies to report bitcoin holdings directly to the Treasury Department
2025-03-08 16:17:09
According to News.bitcoin, the White House explained Trump's executive order that confiscated bitcoins will no longer be sold and will be stored as part of a new strategic bitcoin reserve managed for the US Treasury, and other digital assets will go into a separate US digital asset reserve, with the goal of strengthening supervision, improving management, and developing a long-term crypto strategy. Federal agencies must now report bitcoin holdings directly to the Treasury Department.
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