President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the ...
Similar to how the government has a reserve of other currencies such as gold, this reserve houses the country's digital ...
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth ...
Trump's order requires all federal agencies currently holding bitcoins seized as part of a criminal or civil asset forfeiture ...
A simmering tension in the crypto industry resurfaced after President Donald Trump signed a long-awaited order creating a ...
The U.S.’s stockpile will favor bitcoin and won’t include purchases that cost taxpayers money, the Trump administration says.
Under Trump’s directive, the federal government’s crypto stockpile will be built around a Bitcoin reserve worth an estimated ...
As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to ...
Both stockpiles will be initially funded with assets owned by the Department of Treasury that were seized in criminal or ...
The order also seeks to provide a "full audit" of the U.S. Goverment's digital asset holdings which is estimated to possess ...
President Trump created a bitcoin reserve in his most recent executive order. The reserve is meant to put the U.S. at the front of the crypto market.
The action comes ahead of a White House crypto summit on Friday that will feature prominent figures in the digital assets world.