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Bitcoin Policy Institute Drafts Executive Order to Establish Strategic Bitcoin Reserve

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By on December 17, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Policy Institute Drafts Executive Order to Establish Strategic Bitcoin Reserve appeared first on Coinpedia Fintech News

In a latest development, the Bitcoin Policy Institute has drafted an executive order to establish a Strategic Bitcoin Reserve under the U.S. Treasury’s Exchange Stabilization Fund. If enacted, this would cement the U.S. as a leader in digital assets, driving capital inflow, technological adoption, and reinforcing Bitcoin’s role as digital gold. The draft underscored that the U.S. must adapt to the growing role of digital assets in global finance. The Executive Order designates Bitcoin as a strategic asset for acquisition within the Treasury’s Exchange Stabilization Fund, and establishes a Strategic Bitcoin Reserve as a permanent national asset for the benefit of all Americans.

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