'Promises made, promises kept': Donald Trump signs executive order to establish US Bitcoin reserve

Mar 7, 2025 - 04:00
'Promises made, promises kept': Donald Trump signs executive order to establish US Bitcoin reserve
US President Donald Trump signed an executive order to establish a government-held Bitcoin reserve, leading to a significant price drop for Bitcoin. The reserve will include around 200,000 bitcoins seized from criminal and civil proceedings and will not be sold, in order to act as a store of value.