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The cryptocurrency community is filled with optimism following President Donald Trump’s recent initiatives to bolster the United States’ position in the digital asset arena. On March 6, he signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, signaling a significant policy shift toward embracing cryptocurrencies. The White House, through its official account on social media platform X, declared on March 8: America will be the Bitcoin superpower of the world. The Golden Age of America has begun! This statement highlights the administration’s intention to position the United States as a dominant force in global cryptocurrency markets. A day before this announcement, the first-ever White House Crypto Summit convened on March 7, gathering prominent figures from the industry, key investors, and policymakers. The discussions centered on regulatory challenges, market developments, and the integration of digital assets into mainstream finance. Attendees observed a strong commitment from the administration to addressing regulatory uncertainties while engaging directly with the crypto sector. During the summit, President Trump reiterated his administration’s goals: Last year I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet and we’re taking historic action to deliver on that promise. Further emphasizing his administration’s actions, he continued: “As you know … yesterday I signed an executive order officially creating our strategic Bitcoin reserve and this will be a virtual Fort Knox for digital gold to be housed within the United States Treasury that’s a big thing.” With this order, federal agencies are now directed to consolidate seized digital assets into a centralized reserve under the Treasury Department’s management. David Sacks, serving as the White House AI and Crypto Czar, praised the administration’s rapid initiatives in the tech space. Tasked with crafting policies that balance innovation with regulatory oversight, he conveyed his enthusiasm on X: “It’s extraordinary to work for a President who moves at ‘tech speed’ on behalf of the American people.” 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

The White House Crypto Summit nobody is talking about... but everyone should: 🔥 Trump vows to make the U.S. the "Bitcoin & crypto capital of the world" 💰 Strategic Reserve will hold Bitcoin – a digital Fort Knox 🔑 U.S. already holds 200,000 BTC ($16.4B) ⚡ Trump calls Bitcoin sales under Biden "foolish" – vows smarter accumulation 💎 Non-Bitcoin digital assets will also be stockpiled 🛑 End of Operation Chokepoint 2.0 announced 📜 Stablecoin bill expected before August recess 🌎 Stablecoins = U.S. dollar dominance globally The entire meeting lasted just 26 minutes… and it’s already reshaping the market. The bull market catalysts are right in front of you. Are you positioned before institutions pile in? #Bitcoin #Crypto #TrumpCrypto #BullRun #CryptoNews $BTC

The White House Crypto Summit nobody is talking about... but everyone should: 🔥 Trump vows to make the U.S. the "Bitcoin & crypto capital of the world" 💰 Strategic Reserve will hold Bitcoin – a digital Fort Knox 🔑 U.S. already holds 200,000 BTC ($16.4B) ⚡ Trump calls Bitcoin sales under Biden "foolish" – vows smarter accumulation 💎 Non-Bitcoin digital assets will also be stockpiled 🛑 End of Operation Chokepoint 2.0 announced 📜 Stablecoin bill expected before August recess 🌎 Stablecoins = U.S. dollar dominance globally The entire meeting lasted just 26 minutes… and it’s already reshaping the market. The bull market catalysts are right in front of you. Are you positioned before institutions pile in? #Bitcoin #Crypto #TrumpCrypto #BullRun #CryptoNews $BTC

On March 6, 2025, the Texas Senate passed Senate Bill 21 (SB 21) with a 25-5 vote, aiming to create a strategic Bitcoin reserve for the state. The Texas Comptroller under this bill can use state funds to purchase Bitcoin and approve cryptocurrencies above a $500 billion market valuation threshold after its author, Senator Charles Schwertner introduced the legislation. Lieutenant Governor Dan Patrick considers bitcoin reserves to be crucial legislation because it would make Texas a leader in cryptocurrency adoption. The matter proceeds to the Texas House for additional examination. On March 7, 2025, President Donald Trump endorsed an executive order which developed a strategic Bitcoin reserve for federal use. The Bitcoin department plans to maintain a storage facility of 200,000 sequestered Bitcoins analogously to “digital Fort Knox.” The order also mandates a comprehensive audit of the government’s Bitcoin holdings and directs the development of strategies to acquire more Bitcoin without additional taxpayer expense. MASSIVE BREAKING: The ‘Strategic Bitcoin Reserve’ bill has officially PASSED the House in the state of Utah – The bill now moves onto the Senate! pic.twitter.com/qIaE7bWCzB David Sacks, the White House AI and Crypto Czar, announced the initiative, underscoring its significance in integrating cryptocurrencies into the financial system. This move precedes the White House Crypto Summit scheduled for March 7, 2025, which will feature prominent industry leaders. Additional states pursue laws like Texas after it set an example. New Hampshire adopted House Bill 302 which enables the state treasurer to distribute a maximum 5% of public funds toward Bitcoin alongside other precious metals. Legislation in Utah advances public fund investment into cryptocurrencies since the bill surpassed the Utah House and awaits to become law. House Bill No. 429 met with rejection from the Montana House of Representatives when members rejected making Bitcoin the state’s reserve asset through this legislation. The Texas Senate accepted SB 21, which represents a major advancement in the process of adopting Bitcoin as a state financial instrument. State governments join federal programs and interstate actions in creating a broader trend for public entities to investigate cryptocurrency additions in financial management portfolios. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, according to White House AI and Crypto Czar David Sacks. The initiative will be financed using Bitcoin seized through federal asset forfeiture, ensuring taxpayers incur no additional costs. The executive order also mandates a full audit of the government’s digital asset holdings to enhance transparency. Sacks estimates that the federal government possesses around 200,000 BTC, though a comprehensive audit has never been conducted. The new directive prohibits the sale of Bitcoin held in the reserve, framing it as a digital equivalent of Fort Knox. The administration aims to position the United States as a global leader in cryptocurrency and blockchain adoption. In addition to Bitcoin, the executive order establishes a U.S. Digital Asset Stockpile to store non-Bitcoin digital assets seized by federal agencies. However, the government will not acquire additional cryptocurrency beyond what is obtained through forfeiture. The policy shift could significantly alter market dynamics by reducing the frequency of large-scale government Bitcoin sales. The Trump administration has directed the Treasury and Commerce Departments to identify budget-neutral strategies for acquiring additional Bitcoin. Sacks noted that previous federal Bitcoin sales resulted in an estimated $17 billion in lost value for taxpayers. By retaining its holdings, the government aims to strengthen Bitcoin’s role as a strategic financial asset. The Bitcoin price dropped by 3% during the last 24 hours to stay at the trading value of approximately $86,600. Analysts in the market are assessing how the policy change will affect future market supply and demand patterns. The restriction of government Bitcoin sales activities would counter sell-side pressure allowing Bitcoin to become a more effective store of value. In a separate policy decision, Trump has issued executive actions postponing tariffs on imports from Canada and Mexico. Goods covered under the USMCA trade agreement will continue to be exempt from tariffs following negotiations with Canadian officials and Mexican President Claudia Sheinbaum. However, products not protected under USMCA, such as avocados and Canadian energy, may still be subject to duties. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.