The White House in the US is to issue its first report on cryptocurrency policy on July 22. This is based on the executive order that President Donald Trump signed the signing When he first established the Assets Digital working group.
White House of the USA to issue a report on cryptocurrency policy
According to executive orderThe working group was obliged to submit to the President the report within 180 days from the date of order, which is July 22 the date from the moment he was signed on January 23. The working group recommends the recommendation of regulatory and legislative proposals that develop policies established in the order, including the creation and the Order. Strategic Bitcoin Reserve.
The report will cover the working group how the US can create and maintain National Actions of Digital ResourcesAnd also propose the criteria for establishing such stocks. These coins are potentially obtained from cryptocurrencies that the US Federal Government has taken over through law enforcement agencies.
Based on another executive order Trump signed a contract in Marchwhich fully established a strategic Bitcoin reserve, the US White House policy report will also ensure the update of the amount of BTC that the country has. The executive order ordered that every federal agency would provide the working group for digital assets, full settlement of all government digital assets in possession.
The US White House policy report may also emphasize the legislative steps, which the Congress takes to codify the Bitcoins strategic reserve. Senator Cynthia Lummis has already introduced Bitcoins Act. The bill suggests that the US has acquired 1 million BTC within five years as part of the Bitcoin Reserve initiative.
The bill will probably take a central place after the US Senate ends with the Act on clarity and the Act on Anti-CBDC. Trump has already signed a contract Genius In the law, which is a regulatory framework for Stablecouins and ensures that the federal reserve does not create CBDC.
How many bitcoins actually have the USA
Recently, a debate has been carried out on how much Bitcoin is the owner of the USA, which is why the White House policy report is current. Bitcointreasuries data shows that the country is 198,012 BTC. But Foia’s last answer With the US Marshals Service stated that the agency has only 28 988 BTC.
It is believed that it is believed that it is believed that less than 80% of bitcoins have been maintained. However, there is still a possibility that another federal agency may be in custody of some other coins. Senator Lummis He emphasized the problem, noting that if the US really sold over 80% of their BTC reserves, it would put the country in an adverse situation in the race to dominate the Bitcoin space.
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