Dennis Porter, CEO of the Satoshi Act Fund, revealed that former President Donald Trump's team is thinking about issuing an executive order to create a Strategic Bitcoin Reserve (SBR). This initiative aims to ensure that the federal government takes a leading role in Bitcoin adoption, superseding individual states' efforts.
The move reflects an understanding of Bitcoin's increasing importance in the global and national financial landscapes. Establishing an SBR would position the United States strategically in the rapidly growing cryptocurrency sector.
If implemented, the executive order could mark a significant policy shift towards accepting and integrating cryptocurrency within the country's economic strategy, potentially influencing both domestic and global attitudes towards Bitcoin.
