BITCOIN - On December 17, the Bitcoin Policy Institute introduced a draft executive order for the Trump administration aimed at updating the US strategic reserve system by incorporating Bitcoin into the nation’s assets.
The document recognizes Bitcoin as a digital asset comparable to gold, characterized by decentralization and a fixed supply.
The executive order mandates consolidating government-held Bitcoin within seven days of its signing, prohibits its sale, and requires implementing a Bitcoin acquisition program within 60 days. The acquisition program outlines the purchase of at least $21 billion worth of Bitcoin.