Cryptocurrency enthusiasts disagree on whether the United States should sell its bitcoin, as it holds nearly $20 billion, obtained through legal seizure, according to… Cryptocurrency tracking company Arkham Intelligence — or even buy and store bitcoin, Yadav said.
“Should the United States hold other types of crypto assets? This is an open question, but this idea has been hotly debated,” she said.
Trump’s order ends with a statement: “The growth of digital financial technology in America must remain unimpeded by restrictive regulations or unnecessary government interference.”
Trump’s executive order on cryptocurrencies overrules an order issued by President Joe Biden’s administration in 2022. It sought to promote cryptocurrencies and research the possibility of creating its own Federal Reserve digital currency.
