#BitcoinPolicyShift The executive order establishes that the reserve will be funded with bitcoins confiscated in criminal or civil proceedings, thus avoiding additional costs for taxpayers. Furthermore, a U.S. Digital Asset Reserve will be created, managed by the Department of the Treasury, to store other seized cryptocurrencies, such as XRP, SOL, and ADA.
#USCryptoReserve During his campaign, Trump courted the cryptocurrency industry and promised aggressive measures in support of the currencies that were in power. Following his electoral victory in November, the cryptocurrency market experienced unprecedented increases: bitcoin, for example, reached a historical high of 109,000 dollars. However, the market slowed down in the weeks that followed.