The executive order signed by Trump includes two parts: encrypting strategic reserves and inventory
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Foresight News reported that, according to Fox reporter Eleanor Terrett, the executive order signed by Trump includes two parts: a strategic reserve and an inventory of cryptocurrencies. The strategic reserve will only include BTC (the digital asset with the largest store of value), using about 200,000 tokens held by the government through years of criminal and civil forfeitures. David Sacks stated that Bessent and Lutnick have also been authorized to explore ways to acquire more Bitcoin without spending taxpayer money. Additionally, a comprehensive audit of all digital assets currently held by the government is required. The other is a digital asset reserve that includes assets other than Bitcoin, possibly XRP, ADA, ETH, and SOL (as announced by the President last weekend), as well as potentially other assets. The main difference between the reserve and the inventory is that the government will not actively seek to purchase more inventory assets. The government will only explore using government funds (if they can find a budget-neutral way to do so) to purchase BTC.
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