White House: "Government Begins Audit of Digital Asset Holdings"

Source
JH Kim

Summary

  • It was reported that President Trump signed an executive order on Bitcoin reserves.
  • A White House official announced plans to audit the government's cryptocurrency holdings.
  • They added that seized digital assets would be capitalized.

As U.S. President Donald Trump signed an executive order on Bitcoin (BTC) reserves, a senior White House official stated, "One of the tasks we will undertake is auditing the government's digital asset (cryptocurrency) holdings."

According to Bloomberg on the 7th (local time), the official added, "In accordance with the executive order, we plan to capitalize on digital assets seized through legal proceedings."

JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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