#CryptoMarketWatch
A U.S. bitcoin reserve may sound a bit far-fetched, but countries around the world have already been stockpiling stranger things — such as helium, maple syrup and cheese.
These strategic reserves have been key to protecting the markets for specific resources that matter a lot to these countries. And late Thursday, President Donald Trump signed an executive order establishing a strategic bitcoin reserve and a separate digital-asset stockpile for cryptocurrencies other than bitcoin, the night before his first White House crypto summit on Friday.
A U.S. bitcoin reserve may sound a bit far-fetched, but countries around the world have already been stockpiling stranger things — such as helium, maple syrup and cheese.
These strategic reserves have been key to protecting the markets for specific resources that matter a lot to these countries. And late Thursday, President Donald Trump signed an executive order establishing a strategic bitcoin reserve and a separate digital-asset stockpile for cryptocurrencies other than bitcoin, the night before his first White House crypto summit on Friday.