Farcaster

Trump has made significant moves to position the United States as a leader in the cryptocurrency space. On Thursday, March 6, 2025, he signed an executive order establishing a Strategic Bitcoin Reserve, utilizing approximately 198,000 bitcoins already held by the U.S. government from law enforcement seizures, valued at around $17 billion. This reserve is intended to be a "digital Fort Knox," as described by White House AI and Crypto Czar David Sacks, drawing a parallel to the U.S. gold reserves. Additionally, the order includes provisions for a stockpile of other digital assets, though specific cryptocurrencies beyond Bitcoin were not detailed in the executive order itself. This fulfills a campaign promise to make the U.S. the "crypto capital of the world."