On Thursday, January 23, US President Donald Trump released the first executive ever on cryptocurrencies. It determines the formation of a “national stock of digital assets”, which raised questions about whether the United States intends to buy Bitcoin (BTC) actively or just integrate Bitcoin confiscated into a reserve. In addition, the range of alternative currencies in this stock remains uncertain.
The executive matter states that “the working group must evaluate the potential construction and maintenance of a national stock of digital assets and suggest criteria to create such stocks, which is likely to be derived from the cryptocurrencies that the federal government legally seized through law enforcement efforts.” This wide language has led to various interpretations among industry experts.
Bitcoin and alternative currencies? Buy or just hodl?
Dennis Porter, founder and CEO of the non -profit Satoshi Act Fund, which exerts pressure on Bitcoin, Express Support the initiative via X, focusing on the strategic choice of terms. “We fully support the working group of” strategic digital assets stocks, “Porter said.
He stressed that “it is practical for the work team to use the word” digital assets “for the same reason that prompted the Satoshi Act Fund to use this approach within our model policy, which has become a law four times at the state level.” This strategy, according to Porter, facilitates a broader conversation about the importance of bitcoin and protects its capacity to continue in the long run, and eventually aims to put the United States as the largest bitcoin in the world.
Macroscope has shared ideas across X, noting that the executive matter sets the basis for a strategic bitcoin reserve (SBR) with a clear timetable. He stated that “the basis for Bitcoin’s strategic reserves is underway according to a clear timetable,” and pointed out that within 180 days, the work team is expected to present a report to the president recommending organizational and legislative proposals to enhance the policies established in the matter. .
Alex Thurs, Head of the Research Department at Galaxy Digital, Clarify The term “inventory” may only indicate the preservation of existing assets instead of effectively purchasing new assets. Thorne said: “The word” inventory “is a language that means keeping what they have, but it is not necessarily anything to buy.”
He shared an overview of the current US government holdings of encrypted currencies, and added: “I want to make it clear that the employers organization does not say that the government will keep all the currencies that it currently possesses (…) note that it also says” create standards ” – is supposed to be Not everything will be kept. “
David Billy, CEO of BTC Inc. And the main adviser to Trump’s holders regarding encrypted currency issues, Add The executive thing leaves an ambiguity room for the purchase of additional bitcoin coins. “I know this will shock some of you, but the bitcoin currency is one of the digital assets. Months to persuade them to become a monkey in size. ”
He stressed the importance of legislative support, noting that the creation of SBR on the necessary range will require congressional support. Billy referred to the Lummis Bitcoin Law, highlighting the central role of Senator Cennis Lomes in developing friendly coil -coated legislation.
Senator Centeh Lomes was appointed head of the Senate Business Services Service on Digital Assets on Thursday. It is worth noting that President Trump could not choose any more supportive person and supporter of SBR from Lomis as a president. Lomes actively participated in promoting legislation related to bitcoin, especially through Bitcoin’s law for 2024. Senator Le Mists presented strategic bitcoin reserve legislation – which aims to purchase a million bitcoin over 5 years in 2024.
In her opening speech at the chairmanship of the Sub -Committee, Lomis stressed the future importance of digital origins and the need for legislation from the two parties to create a comprehensive legal framework. She said: “Congress needs to pass the legislation from the two parties urgently to create a comprehensive legal framework for digital assets, and this strengthens the US dollar with a strategic reserve of bitcoin.”
Lomes as well High The upcoming challenges, noting the need to build a large -scale consensus and support for codifying the strategic bitcoin reserves. “There is a large lifting in the future. It will require construction of consensus and high sounds. So be loud, but remember to write down SBR, we need the majority in both chambers. Create friendships where you can. (…) Each legislator looks at this legislation is serious. The time is now.
Thus, President Trump has created two strategic Bitcoin paths: the “stock” that the working group and the new sub -committee headed by Lomes worked. It can actively enhance bitcoin reserves through Congress, which means that the United States may buy bitcoin, not only to acquire what has been seized by law enforcement authorities.
At the time of publication, Bitcoin was traded at a price of 104949 dollars.
A distinctive image created using Dall.e, a chart of Tradingview.com
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