President Trump signs Strategic Bitcoin Reserve order

President Trump has signed an executive decree to create a Bitcoin strategic reserve, said the White House and Tsar Crypto David Sacks.

According to the announcement of March 7 of March 7 on its official X round, the reserve will be financed with Bitcoin (BTC) seized by the federal government through the forfeiture of assets, which means that taxpayers will have no cost.

Sacks said the US government has around 200,000 BTC, although a full audit has never been made. The executive decree requires complete accounting of federal assets of digital assets and prohibits the sale of bitcoin in the reserveCompare it to a “strong digital Knox”.

With Trump reiterating its objective of making the United States the “capital of the cryptographic world”, the move seeks to improve the position of the country in the cryptographic industry.

In addition, the prescription is storage of digital assets in the United States which will contain other non-bitcoin digital assets that have been seized through confiscation. However, the government will not acquire additional crypto beyond these means.

Trump administration also orders the Treasury and Trade departments to explore non -budgetary methods to acquire more Bitcoin without additional costs for taxpayers. Bags Note that bitcoin sales of the previous government cost taxpayers of more than $ 17 billion losing value.

At the time of the press, Bitcoin is down 3% in the last 24 hours at $ 86,600, and the market has not yet responded to the news. However, the regulations can reduce sales by the Bitcoin government, reporting a long -term positive catalyst. This could tighten the supply and consolidate the Bitcoin position as a strategic intake similar to gold if the government begins to accumulate it instead of selling it.

In other political decisions, Trump has also signed actions of executives that delay prices on Mexican and Canadian imports for almost a month. According to Trump on Truth Social, after discussionsWith Canadian officials and Mexican President Claudia Sheinbaum, the goods covered by the USMCA trade agreement will continue to be exempt from prices.

Goods that are not covered by USMCA, such as lawyers and Canadian energy, could always be subject to tasks.