U.S. President Donald Trump has signed an Executive Order directing his administration to assess the possibility of creating a “national digital asset stockpile.” This is alongside the formation of the new Presidential Working Group on Digital Asset Markets.
The Executive Order seeks to establish federal regulations for digital assets, including stablecoins, but stops short of immediately creating a strategic Bitcoin reserve.
Additionally, the Executive Order suggests that the national digital asset stockpile could be formed from cryptocurrency assets legally seized by the federal government during law enforcement operations.
Michaela is a news writer focused on cryptocurrency and blockchain topics. She prioritizes rigorous research and accuracy to uncover interesting angles and ensure engaging reporting. A lifelong book lover, she applies her passion for reading to deeply explore the constantly evolving crypto world.
Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is the official publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.