US President Donald Trump has signed two executive orders concerning digital asset regulation and the creation of a Bitcoin reserve, sparking discussions among experts.
New Order and Its Implications
On March 6, Trump signed an order authorizing the audit of America's current Bitcoin holdings, estimated to be around 200,000 tokens. The order also mentions leveraging budget-neutral strategies to potentially acquire more assets.
US Economic Strategy
Bo Hines, executive director of the presidential council on digital assets, highlighted the importance of retaining and accumulating 'digital gold'. He emphasized that the administration is actively assessing how to procure more Bitcoin.
US Crypto Reserves Situation
The US remains the largest nation-state Bitcoin holder. However, it might lose this position to China if the court returns approximately 95,000 BTC seized in the Bitfinex case, a decision expected in 2026.
President Trump's initiative to create a Bitcoin reserve highlights the importance of digital assets for the US economy and their strategic significance in the future.
