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Bitcoin Policy Institute Develops Executive Order Draft For Trump’s Strategic Reserve
The Bitcoin Policy Institute has reportedly developed a draft executive order for President-elect Donald Trump to establish a strategic reserve of the cryptocurrency on his first day in office.
According to reports, the draft order outlines plans to transfer any BTC held by federal agencies, including the US Marshals Service, to the new reserve. This would be done within seven days of signing the order and would essentially prohibit the sale or encumbrance of these funds.
Furthermore, the draft instructs the Secretary of the Treasury to establish an acquisition program for Bitcoin within 60 days of the order’s signing.
Source: bitcoinist.com
