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International Business Times UK

Business

Niloy Chakrabarti

Trump Establishes Bitcoin Reserve and Digital Asset Stockpile a Day Before White House Crypto Summit

Bitcoin White House Donald Trump United States Crypto Executive Order

BTC in the strategic reserve won't be sold by the US government. (Credit: YouTube.com)

US President Donald Trump signed an executive order on 6th March to create a Strategic Bitcoin Reserve and a stockpile of other digital assets, advancing his campaign promise to make America the 'crypto capital' of the world.

Trump's move comes a day before the White House crypto summit, which will bring together government officials, influential leaders, and crypto industry leaders.

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