Crypto Glitterati Flock to White House as Trump Orders Bitcoin Reserve, Digital-Asset Stockpile
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As about two dozen crypto-industry executives head to the White House for a summit on Friday, President Donald Trump has a gift ready for them: An executive order calling for the creation of a Strategic Bitcoin Reserve and a separate stockpile of other digital assets.
Trump signed the order Thursday night, according to posts on X by his artificial-intelligence and crypto czar David Sacks and aide Margo Martin. Both the reserve and the stockpile will contain crypto forfeited as part of legal proceedings, according to Sacks.