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Trump: In the future, the government’s crypto assets will be stored in a new US digital asset library
2025-03-07 20:58

Odaily News Speaking at the Crypto Summit, Trump said: The federal government is already one of the largest holders of Bitcoin. Up to 200,000 Bitcoins have been acquired through civil law and various other laws and law enforcement actions. These existing holdings will form the basis of the new reserves. Unfortunately, in recent years, most of the BTC has been sold during the Biden administration. Starting today, the United States will follow a very clear principle, never sell your Bitcoin. The Treasury and Commerce Departments will also explore new ways to accumulate additional Bitcoin reserves, provided that there is no cost to taxpayers. We don't want taxpayers to pay any price. The government is currently setting up a list of crypto assets, and the crypto assets held will be stored in a new U.S. digital asset library and properly managed. I also want to express my strong support for the efforts of lawmakers and Congress as they are working on bills to provide regulatory certainty for the U.S. dollar stablecoin and digital asset markets. They are working very hard on this. This is a huge opportunity for economic growth and innovation in our financial sector.