Trump Establishes Strategic Bitcoin Reserve Before White House Crypto Summit to Strengthen U.S. Position in Cryptocurrency Innovation
Acting SEC Chair Mark Uyeda announced a pause in investigations into cryptocurrency companies, highlighting regulatory efforts and the impact of China’s activities in U.S. markets. Meanwhile, President Trump has signed an executive order to create a Strategic Bitcoin Reserve, aimed at preserving Bitcoin obtained from government forfeitures, which may total around 200,000 Bitcoin. This reserve, ...
