Trump's' Bitcoin Strategic Reserve 'Executive Order will reach a critical juncture on May 5th

律动BlockBeats|Apr 30, 2025 01:08
BlockBeats News: On April 30th and March 7th of this year, Trump signed an executive order aimed at promoting the establishment of a strategic Bitcoin reserve. This executive order requires a comprehensive verification of digital assets held by the federal government, including approximately 200000 bitcoins (valued at around $17 billion at the time of signing).
The order also requires the Secretary of the Treasury to evaluate within 60 days the legal and investment considerations for establishing and managing the Strategic Bitcoin Reserve and the United States Digital Asset Reserve, including the accounts in which the Strategic Bitcoin Reserve and the United States Digital Asset Reserve should be deposited, and whether legislation is needed to implement any aspect of this order or to properly manage and administer these accounts
May 5th is the 60 day deadline required by Trump's executive order to complete the above-mentioned work.
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