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The Independent UK
The Independent UK
National
Alan Suderman

Trump signs executive order to establish government bitcoin reserve

Donald Trump Bitcoin Executive Order David Sacks Crypto Cryptocurrency United States
Trump Speech - (Copyright 2025 The Associated Press. All rights reserved.)

President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency's journey towards possible mainstream acceptance.

Under Trump's new order, the U.S. government will retain the estimated 200,000 bitcoin it's already seized in criminal and civil proceedings, according to Trump's “crypto czar” David Sacks.

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