Last Thursday, March 6, the president of the United States, Donald Trump, decided to create, through an executive order, the new “Strategic cryptocurrency reserve“, which will be accompanied by a” reserve of digital assets “that will include BitcóinSolana and XRP, payment systems that do not require Central Bank.
The certification signed by the American president indicates that the new policy of the United States aims to “serve as a safe account for the orderly and strategic management of other trends in Digital assets of the country “, so the Treasury Secretary You must establish an office to manage them.
Given this situation, after the signing of this new executive order, the Secretary of the Treasury, Scott Besent, will have 60 days to deliver an evaluation of the “legal and investment considerations”, which will be used to establish and manage all the accounts in which this Strategic cryptocurrency reserve It must be located.
After signing the executive order, officially creating the strategic reserve, President Donald Trump indicated that he was going to order the US government “accumulate bitcóin and Ethereum“, cryptocurrencies that work on an open source platform to run smart contracts, generating dozens of negative reactions.
What is the strategic cryptocurrency reserve?
According to the tsar of the White House for the artificial intelligence and cryptocurrencies, David Sacksthe new strategic reserve created by Trump will capitalize with digital exchange means that have been confiscated by the Federal Government of the United States.
“By 2025 it is estimated that the US federal government has around 200 thousand cryptocurrencies; However, a Complete audituntil now. Which means that the creation of the reserve will not cost even a penny to taxpayers of the United States, “David Sacks explained on their social networks.
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David compared this new public fund, whose value will exceed the US $ 17,500 millionwith the Gold reserves Americans: “I know entrepreneurs and teams who decided to return to the United States because they are animated with this new change in the regulatory environment of cryptocurrencies,” Sacks added on platform X.
However, despite the emotion of some and the indifference of others, the new project must first go through the Congress American, who still resists opening a path to the cryptocurrency sector in the United States, mainly because some Democratic representatives mention a possible Economic collapse.
The member of the House of Representatives of the United States, Stephen Lynchwarned on February 8 that the recent robbery of US $ 1 billion of the cryptocurrency exchange platform, Bybit“It has also served as a reminder of the risks that could present” these digital media without a central bank.
In turn, dozens of Internet users also mentioned the collapse of the digital currency backed by the Argentine president, Javier Mileiwho publicly supported the cryptocurrency $ Pound and later the creators left the project, stealing the US $ 80 million that had been invested by the citizens of Argentina.
🚨 Last hour: 🚨
🇺🇸 President Trump signs an executive order officially creating the strategic reserve of #Bitcoin🔥🚀 pic.twitter.com/ya2hzwjg6u
– Crypto future (@cryptofuturo1) March 7, 2025