The White House's head of Cryptos stated that Trump signed an executive order to establish a strategic Bitcoin reserve. This reserve will be funded by Bitcoin owned by the federal government, which has been seized through criminal or civil asset forfeiture processes. The government will not additionally purchase Other assets for this reserve aside from those obtained through asset forfeiture processes. The government will not sell any Bitcoin deposited in the reserve. The Secretary of the Treasury and the Secretary of Commerce have been authorized to develop strategies to maintain budget neutrality in order to acquire more Bitcoin. This executive order also established a digital asset reserve in the USA.
