The White House announced an anonymous senior official before the large crypto currency summit, the US will take the first step of the USA!

According to a senior White House official, the United States Government, strategic Bitcoin As one of the first steps to be taken after the creation of a separate stock consisting of reserves and other digital assets. Crypto para will carry out a comprehensive control of their assets.

The announcement was made before an industry summit where important names of the crypto sector will participate.

President Donald Trump signed an administrative order to create an additional stock consisting of strategic Bitcoin reserves and crypto currency lost in legal proceedings late on Thursday. In the order, the reserve aims to keep Bitcoin, while the stock will consist of other digital assets obtained through legal channels.

The US government had previously kept a significant amount of Bitcoin in particular after the closure of the Silk Road Exchange. According to the senior official, at some point, it was controlled by about 400,000 Bitcoins, but about half of this amount has been sold since then.

Based on the data of the government, Blockchain research firm Arkham, it is estimated that Bitcoin worth approximately 17.5 billion dollars and various digital assets around $ 400 million.

Administrative orders, treasury and trade departments, taxpayers without adding additional costs for reserves to increase the assets of Bitcoin “Budget Independent Strategies” to develop. However, the government will not make additional crypto currencies beyond those obtained through seizure for general stock.

Trump’s instruction was published before the meeting at the White House to support the policies of the administration and to discuss the future of crypto currency arrangements under its leadership. The meeting is following the increasing regulatory review period, especially after the collapse of the FTX stock exchange during the term of office of President Joe Biden.

*It is not an investment advice.