Categories: USA

Establishment of the Bitcoin Strategic Reserve and the Stock of Digital Assets of the United States – the White House

By the authority left in me as president by the Constitution and the laws of the United States of America, it is therefore ordered:

Section 1 and 1 Background. Bitcoin is the original cryptocurrency. The Bitcoin Ceiling Protocol permanently ceiling the total offer of Bitcoin (BTC) at 21 million pieces and has never been hacked. Due to its rarity and safety, Bitcoin is often called “digital gold”. Because there is a fixed BTC supply, there is a strategic advantage to be among the First Nations to create a strategic bitcoin reserve. The US government is currently holding a large amount of BTC, but has not implemented policy to maximize the BTC’s strategic position as a single value store in the global financial system. As in the interest of our country to carefully manage national property and control of any other resource, our nation must exploit, and not limit, the power of digital assets for our prosperity.

Second. 2 Policy. It is the United States policy to establish a Bitcoin strategic reserve. It is also the United States’s policy to establish a stock of digital assets in the United States which can serve as a secure account for the ordered and strategic management of other digital assets in the United States.

Second. 3 and 3 Creation and administration of the Bitcoin strategic reserve and the stock of digital assets of the United States.
(A) The Secretary of the Treasury Shall Establish an Office to Administer and Holder Control of Custodial Accountly Known As the “Strategic Bitcoin Reserve,” Capitalized with all Btc Held by the Department of the Treasury that was finally forfeitus Proceedings or in satisfaction of any civil money penalty imposed by any executive department or agency (agency) and that is not needed to satisfy requirements under 31 USC 9705 or released in accordance with paragraph (D) of this article (BTC government). Within 30 days of the date of this order, each agency examines its authorities to transfer any government BTC held by it to the Bitcoin Strategic Reserve and subject a report reflecting the result of this examination to the Secretary of the Treasury. The BTC government filed in the Bitcoin Strategic Reserve must not be sold and must be maintained as reserve agents of the United States used to achieve government objectives in accordance with applicable law.
(b) The secretary of the Treasury must establish a position to administer and maintain the control of the accounting accounts collectively called “Stockpile of digital assets of the United States”, capitalized with all the digital assets belonging to the Ministry of the Treasury, other than the BTC, which are not necessary for that of the requirements under the presence of 31 states section (stock). Within 30 days of the date of this order, each agency examines its authorities to transfer stock assets held by it to the stock of digital assets in the United States and subject a report reflecting the result of this examination to the Treasury Secretary. The Secretary of the Treasury determines the management strategies responsible for the storage of digital assets of the United States in accordance with the applicable law.
(c) The Secretary of the Treasury and the Secretary of Commerce develop strategies to acquire additional BTC government provided that these strategies are neutral budgetary and do not impose additional costs on the taxpayers of the United States. However, the United States government does not acquire additional stock assets other than within the framework of the procedure for confiscating criminal or civil goods or in satisfaction of any sanction in civil money imposed by an agency without any other executive or legislative action.
(d) “Government digital active ingredients” designates all government BTCs and all storage assets. The head of each agency will not otherwise have any government digital assets, except in relation to the secretary to the exercise by the Treasury of his legal authority and his responsible management of the order of digital assets of the United States, in accordance with paragraph (b) of this section, or to an order of a competent court of jurisdiction, according to acts of the law, cases of proxy or other relevant actions ( Prosecutors or other relevant actions that have actions of the government (or works to be provided or otherwise relevant agencies which are of the law on government.
(i) be returned to the identifiable and verifiable victims of the crime;
(ii) be used for the operations of the police;
(iii) be shared fairly with partners in the application of state laws and premises; Or
(iv) be published to meet the requirements under 31 USC 9705, 28 USC 524 (C), 18 USC 981 or 21 USC 881.
(e) within 60 days of the date of this order, the Treasury Secretary offers an evaluation of legal and investment considerations to establish and manage the Strategic Bitcoin reserve and the stocks of the United States digital assets, including the accounts in which Bitcoin strategic bitcoin and the stock of the digital assets of the United States should be located and the need for any legislation to operate this order or appropriate management or account management.

Second. 4 Accounting. Within 30 days of the date of this order, the head of each agency will provide the secretary of the Treasury and the President’s working group on the digital asset markets A full accounting of all digital government assets in possession of this agency, including any information concerning childcare accounts in which these digital government assets are currently held which would be necessary to facilitate a digital transfer of digital assets strategic for the jewelry reserve or the United States. If this agency has no government digital assets, this agency confirms this fact to the secretary of the Treasury and the president’s working group on the digital asset markets within 30 days of the date of this order.

Second. 5 General provisions. a) Nothing in this order should be interpreted as altering or otherwise affect:
(i) the authority granted by law to an executive department or to an agency, or at its head; Or
(ii) the functions of the director of the management and budget office relating to budgetary, administrative or legislative proposals.
(b) This order must be implemented in accordance with the applicable law and subject to the availability of credits.
(c) This order is not intended to create and create a right or advantage, a noun or procedure, enforceable in law or equity by a party against the United States, its services, agencies or entities, its officers, employees or agents, or any other person.

The White House,
March 6, 2025

remon Buul

Recent Posts

Scott Galloway says that technological CEOs present “Domino cowardice”

Scott Galloway, host of Professor G Pod, torn the CEOs of technology during his SXSW…

3 minutes ago

Revealed: Mystery Brunettes Loverat Kyle Walker celebrated in the night with Milan a few hours after the woman Annie Kilner returned home for the United Kingdom.

Two women who celebrated with England Star Wayward Kyle Walker are Serbian jet set models,…

11 minutes ago

The former LASD jailer does not argue any tales

A former guard assistant from the Sheriff's Department of the County of Los Angeles did…

13 minutes ago

Novak Djokovic has dropped Indian wells by the world n ° 85 Botic van de Zandschulp … while coach Andy Murray looks from the stands

By Matthew Lambwell Posted: 21:03 East, March 8, 2025 | Update: 21:03 East, March 8,…

27 minutes ago

Koalas, a dik-dik and lazy bears: these are new baby animals at the San Diego Zoo

Spring is approaching and a safe sign of the season is the new babies of…

29 minutes ago

Worse penalty of all time!? The YouTube Mrbeast phenomenon sees its dynamic kick easily saved in the Sidemen charity match in Wembley

The most subscribed creator of Youtube Mrbeast was refused by Streamer XQCThe Sidemen charity match…

43 minutes ago