A senior White House official told Decrypt that President Donald Trump created a strategic reserve exclusively for Bitcoin on Thursday because the president’s administration views the cryptocurrency as belonging to a league of its own.
“Bitcoin is special in our view,” the senior White House official said. “It’s the most secure. It’s the most decentralized. It doesn’t have an issuer. So it deserves special treatment.”
In signing an executive order to create a Strategic Bitcoin Reserve, Trump also established a federal Digital Asset Stockpile, which will include various other cryptocurrencies seized by the U.S. government “in connection with criminal or civil asset forfeiture proceedings.”
Trump stated on Sunday that…
Apr 20 2025
