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Home»TRADING NEWS»Keep your appointment: Trump establishes a strategic Bitcoin protection zone
TRADING NEWS

Keep your appointment: Trump establishes a strategic Bitcoin protection zone

By Crypto FlexsMarch 7, 20253 Mins Read
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Keep your appointment: Trump establishes a strategic Bitcoin protection zone
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The administrative order uses the confiscated digital assets to establish a strategic Bitcoin protection area and start a digital asset stock for responsibility management, fulfilling Trump’s campaign pledge to strengthen the US leadership of digital assets.

The president fulfills major campaign pledge

US President Donald Trump signed an administrative order to establish a strategic Bitcoin protection area, greatly switching to the federal government’s approach to digital assets. The reserve troops use Bitcoin seized through crime or civil asset confiscation procedures, and do not pay directly to taxpayers.

The announcement has been prior to Trump’s scheduled meeting with the White House’s Cryptocurrency industry executives, strengthening the administration’s promise to strengthen the US digital assets.

Preliminary and digital asset reserve

Along with the Bitcoin Protection Zone, administrative orders must also produce US digital asset stocks. The stockpiles include other digital assets such as Ether (ETH), Ripple XRP, Solana (SOL) and Cardano (ADA), one of the five cryptocurrencies released earlier this week. This announcement has increased the market value of these assets.

Unlike the Bitcoin Protection Zone, which is held as a long -term value repository, digital asset stocks are managed by the Treasury for responsible supervision. The government will not purchase additional digital assets beyond what is obtained through the confiscation process.

Government holding and strategy

The US government is estimated to have about 200,000 BTCs, but no complete audit was performed to confirm its retention. Administrative orders instruct a comprehensive review of all federal digital asset reserves to set accurate accounting.

According to the White House Crypto Czar, David Hacks, the government’s early bitcoin sales, caused significant financial losses, and the estimates were worth more than $ 17 billion. The new strategy ensures that the bitcoin in the protection zone is not cleared, and the hacking is compared to the same digital as the port Knox.

The Treasury Minister and Commercial Secretary also argued that such acquisitions are authorized to explore the budget neutral strategy to take over additional Bitcoin if they do not impose the taxpayer on the taxpayer.

Administrative encryption vision

Hacks believes that this action is consistent with the extensive vision of positioning the United States as a leader of President Trump’s cryptocurrency innovation and adoption. He also praised the president’s decisive behavior by emphasizing the administration’s promise to promote digital asset growth.

In addition, the president’s working group on the digital asset market, led by the Minister of Finance of Scott Bescent and Howard Lutnick, played an important role in forming an initiative. BO HINES Executive Director was also recognized as his contribution.

Exemptions: This article is only provided for the purpose of providing information. It is not provided or used as law, tax, investment, finance or other advice.

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