Editor's PiCK
"Trump Reviewing Executive Order for Bitcoin Stockpiling... Possible Announcement Tomorrow"
Suehyeon Lee
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Summary
- President Donald Trump is reportedly reviewing an executive order for Bitcoin stockpiling.
- Discussions are underway to begin stockpiling using confiscated Bitcoin held by the U.S. government, with plans to potentially pursue additional purchases.
- Trump's team is still deliberating on the final decision, and there is a possibility of policy changes, according to reports.
It has been reported that U.S. President Donald Trump is reviewing an executive order for stockpiling Bitcoin (BTC).
According to Bloomberg on the 7th (local time), Trump is considering announcing an executive order on Bitcoin stockpiling tomorrow.
Discussions are underway to begin stockpiling using confiscated Bitcoin held by the U.S. government, with plans to potentially pursue additional purchases. Currently, the U.S. government holds more than 200,000 Bitcoin seized from criminal organizations and others.
However, Trump's team is still deliberating on the final decision, and there is a possibility that the policy direction could change, according to reports.
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