
Bitcoin.com News|Mar 07, 2025 01:06
President Trump signed an executive order creating a U.S. Bitcoin Strategic Reserve funded by seized assets—no taxpayer dollars involved. A "digital Fort Knox" for crypto sovereignty? 💰🌐 Key advisors Sacks, Bessent, and Lutnick shaped the policy.
- The order mandates a Bitcoin Reserve and Digital Asset Stockpile, sourced exclusively from confiscated holdings in legal cases.
- The initiative avoids taxpayer costs, relying on seized assets to build a "digital Fort Knox" for long-term value preservation.
- Treasury’s Scott Bessent, Commerce’s Howard Lutnick, and advisor David Sacks spearheaded the policy’s development.
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