$BTC (-4,84 %)
$ETH (-8,14 %)
$SOL (-7,19 %)
Donald Trump has fulfilled a promise made during the presidential election campaign in the US and ordered the creation of a US reserve for digital currencies.
Units of the best-known cryptocurrency Bitcoin, which are already in the hands of the US government through confiscation, are to be stored in a strategic reserve.
However, the US government will not actively look for ways to expand these stocks.
Tens of thousands of Bitcoin units have ended up in the hands of the US government, partly as a result of actions against criminals.
According to Sacks, the stock is estimated at around 200,000 Bitcoin.
At the current exchange rate of more than 88,000 dollars per Bitcoin, this would correspond to a value of more than 17 billion dollars.
In addition, other digital currencies such as Ethereum and Solana are said to be stored in a further inventory.
During the election campaign, US President Trump had shown himself to be open to digital currencies and gained support in the industry. The administration of his predecessor Joe Biden took a restrictive stance towards digital currencies and warned against money laundering and the risk of destabilizing financial markets. After Trump's election victory, the price of Bitcoin, among other things, rose sharply.