Reported 1 day ago
President Donald Trump's recent executive order aimed at establishing U.S. dominance in the digital asset market raises questions about his promise of a national bitcoin stockpile. While it introduces regulatory clarity and has been generally well-received by the crypto industry, the order merely discusses the 'potential' for a digital asset stockpile and is unclear about specific implementations for bitcoin. Moreover, the chances of a true bitcoin strategic reserve being established this year have decreased. Nonetheless, the order has already led to positive changes, such as the SEC's rollback of a restrictive accounting rule.
Source: YAHOO