President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a US Digital Asset Stockpile under the Treasury Department, funded with confiscated Bitcoin and other cryptocurrencies. The government reportedly holds around 200,000 BTC, valued at approximately $17.5 billion. This move aligns with Trump’s pro-crypto stance, contrasting with the stricter approach of the previous administration. Trump is also scheduled to speak at the first-ever White House crypto summit today, which will bring together industry leaders to discuss policy. Source: CNN