🚨BREAKING: The @SECGov has officially RESCINDED SAB 121.
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The language from the EO signals that the stockpile will be established via assets we already hold, rather than actively accumulating them.
Simply formally classifying what we already own as our 'National Stockpile' rather than actively accumulating new assets.
If the US Government simply holds what it has, the meaning of stockpile, it is a 97.73% Bitcoin stockpile
Love or hate Trump, we’re less than a week in, but the guy seems to be keeping his word on almost everything he said he would do
Actual language of the E.O on the stockpile:
wait hold on!
NOOOOOOOOOOOOOOOOOOOOOOO
"stockpile" is jargon that means holding what they have, but not necessarily buying anything
according to @arkham, here's all the coins that the USG holds over $1m
JUST IN: President Donald Trump details on #Bitcoin and crypto Executive Order.
đź“ŤThe Executive Order establishes the Presidential Working Group on Digital Asset Markets to strengthen U.S. leadership in digital finance.
đź“ŤThe Working Group will be tasked with developing a Federal regulatory framework governing digital assets, including stablecoins, and evaluating the creation of a strategic national digital assets stockpile.
đź“ŤThe Working Group will be chaired by the White House AI & Crypto Czar @DavidSacks and include the Secretary of the Treasury, the Chairman of the Securities and Exchange Commission, and the heads of other relevant departments and agencies.
đź“ŤThe White House AI & Crypto Czar will engage leading experts in digital assets and digital markets to ensure that the actions of the Working Group are informed by expertise beyond the Federal Government.
đź“ŤThe Executive Order directs departments and agencies with identifying and making recommendations to the Working Group on any regulations and other agency actions affecting the digital assets sector that should be rescinded or modified.
đź“ŤThe Executive Order prohibits agencies from undertaking any action to establish, issue, or promote central bank digital currencies (CBDCs).
📍The Executive Order revokes the previous Administration’s Digital Assets Executive Order and the Treasury Department’s Framework for International Engagement on Digital Assets which suppressed innovation and undermined U.S. economic liberty and global leadership in digital finance.
Source: @EleanorTerrett
HISTORY: TRUMP CRYPTO EXECUTIVE ORDER BANS US AGENCIES FROM ISSUING OR PROMOTING CENTRAL BANK DIGITAL CURRENCIES
MASSIVE win for FREEDOM đź‘Ź đź‘Ź đź‘Ź
Will the National Digital Asset Stockpile be denominated in Bitcoin?
One week ago, the NY Post reported that President Trump is considering "prioritizing digital coins founded in the US.”
This would include coins like Solana, USDC, and Ripple.
BREAKING: The moment Trump signs off on the declassification of the JFK, RFK and MLK files.
"We've been waiting for this for years. Decades."
WHAT DOES THE STOCKPILE CONTAIN
It's pretty disturbing that we're watching a fund linked directly to the president accumulate every shitcoin under the sun presumably in preparation to announce extremely favorable policy that will pump his bags, and almost no one in charge is pushing back against the ethics.
JUST IN - Trump signs order to declassify JFK, RFK, and MLK files.
BREAKING: President Trump has signed an Executive Order to develop a “national digital asset stockpile,” per Fox News.
President Trump has also signed an Executive Order to create a “crypto working group,” per Reuters.
These are his first crypto-related Executive Orders.
BREAKING: 🇺🇸 Trump signs order to create a national digital asset stockpile - Fox
JUST IN - John Ratcliffe confirmed as next CIA director.
BREAKING: Donald Trump has redirected $2 billion previously designated for illegal immigrants to provide support for the people of North Carolina.
🇺🇸SENATOR LUMMIS: The Senate Banking Digital Asset Subcommittee will "make America the bitcoin and digital asset capital of the world" 🇺🇸
Trump just called out Bank of America’s CEO for debanking conservatives
We’re so back…
The biggest obstacle for the Strategic Bitcoin Reserve is not the Fed, Treasury, banks, or Elizabeth Warren.
It’s Ripple/XRP. They are aggressively lobbying against the SBR by throwing around $millions at politicians, desperately trying to derail it.
They did the same to attack bitcoin mining under the Biden administration. Obviously they want to protect their marketing narratives and push for CBDCs built on their platform.
NEW: 🇨🇳 China sold its entire 194K BTC stash, seized from PlusToken, despite official claims of transferring it to the national treasury, according to CryptoQuant CEO Ki Young Ju.
Thanks to @realDonaldTrump's pardon, Ross got to hug his wife, mom, dad & sister outside the walls of prison. The past 36 hours have been a complete whirlwind and we keep pinching ourselves to make sure we're not dreaming.
So much gratitude, love, and hope for what's to come.
Thank you for all your messages! We can't reply to everyone but know it means so much to us. ❤️
Everyone’s wondering when a strategic Bitcoin reserve will happen, but all you really need to do is watch for Pelosi loading up on Bitcoin ETF calls.
10 AM WHICH TIME ZONE SENATOR, WHICH TIME ZONE
HUGE BITCOIN ANNOUNCEMENT (in 35 minutes)
Bitcoin’s market cap now surpasses Saudi Aramco, making it larger than any non-American company in the world.
🚨🇦🇷MILEI: ECONOMIC SUCCESS MEANS NOTHING WITHOUT EMBRACING FREEDOM
"It is not enough with economic achievements, it is not enough with political achievements, if society does not understand that the path to prosperity is to embrace the ideas of freedom."
Source: @JMilei , @ArgMilei
🚨 Trump on TikTok: “Is it that important for China to be spying on young kids watching crazy videos? They make your computers, and your telephones, and other things. Isn’t that a bigger threat?”