
President-elect Donald Trump met with crypto industry leaders and is advancing plans for a federal Bitcoin reserve through a draft executive order, while the state of Ohio pursues state-level Bitcoin reserve legislation.
The meeting between President-elect Trump and Kris Marszalek, CEO of Crypto.com, took place at Mar-a-Lago on December 16. This development comes as Bitcoin reached an unprecedented all-time high of $108,268.45 on December 17.
Following the meeting, a draft executive order was published by Bitcoin Magazine, outlining a framework for establishing a Strategic Bitcoin Reserve within the Treasury’s Exchange Stabilization Fund, aiming to strengthen U.S. economic security and maintain global financial influence.
Source: blockonomi.com