White House: US to begin audit of existing cryptocurrency holdings
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According to a senior White House official at a cryptocurrency industry summit held today, the first step after establishing a strategic Bitcoin reserve and other digital asset reserves for the United States will be to audit the amount of cryptocurrency held by the U.S. government. Trump has already signed an executive order to create a separate reserve for strategic Bitcoin and other digital assets, and will capitalize on cryptocurrencies seized in legal proceedings. (Bloomberg)
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