President Trump signed an executive order on Thursday to create a national stock of bitcoin and other digital currencies, a bold idea that was widely criticized as a scheme to enrich the encryption investors.
The basis for inventory will serve as a bitcoin hidden, valued at $ 17 billion, which the United States has seized in legal issues over the years.
Arrangement It also calls on federal agencies to develop strategies to buy more bitcoin and the most popular digital currency, as long as these purchases do not generate additional taxpayers.
“This executive affirms President Trump’s commitment to making the United States” the world of encryption in the world. ” mail On social media. He said that the United States will not sell any Bitcoin in the reserve, which was similar to a “digital fortress”.
Since Mr. Trump took office in January, his administration has moved quickly to raise the encryption industry, a volatile killer sector with federal organizers for years. Securities and Stock Exchange Committee Decline Claims against two of the largest American encryption companies have been suspended in many others. On Friday, Mr. Trump is scheduled to host the CEOs for encryption at the White House to obtain the “encryption summit” of its kind.
Mr. Trump has a personal share in the success of the encryption industry, which creates a conflict of interests that sparked warnings with government ethics experts. Last year, it started a business, World Liberty Financial, offers an encrypted currency called WLFI. A few days before his inauguration, he also began selling the so-called Memecoin-is a type of cryptocurrency linked to an online joke or a famous personality.
