Catenaa, Friday, December 20 , 2024 –The Bitcoin Policy Institute has drafted an executive order aimed at establishing a US strategic bitcoin reserve, positioning the cryptocurrency as a permanent national asset.
The proposal, intended for President Trump’s consideration, would designate bitcoin as a reserve asset under the Exchange Stabilization Fund (ESF).
The draft outlines a framework for the US Treasury, led by the Secretary of the Treasury, to acquire and manage bitcoin holdings.
The initiative aims to enhance the diversity of US reserve assets, ensure economic stability, and reinforce the country’s leadership in the digital assets industry by attracting global capital and talent.
“This strategic reserve would enable the United States to integrate digital assets into its financial infrastructure, securing its position in a rapidly evolving global economy,” the institute said.
The proposal comes amid increasing adoption of cryptocurrencies by investors and institutions worldwide.
With the market for digital assets maturing, governments are seeking ways to incorporate them into their financial systems.
If implemented, the executive order would mark a significant step toward integrating bitcoin into the nation’s economic policy, reflecting growing acceptance of cryptocurrencies as vital components of the global financial ecosystem.
