Trump signs Executive Order creating a National "Strategic Bitcoin Reserve" 💪🪙
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Tomorrow, 3/7/2025, will be another announcement in relation to Bitcoin and Taxes. Fingers crossed for "Capitol Gains Taxes" to be removed from Bitcoin, since there should never be taxes applied to Currency Conversion.
U.S. President Donald Trump signed an executive order on Thursday, 3/6/2025, to establish a Strategic Bitcoin Reserve, a day before meeting with executives from the Cryptocurrency industry at the White House. The reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, the White House crypto czar, billionaire David Sacks, said in a post on social media platform X.
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