💨 Abstract

President Donald Trump has established a digital asset working group to explore the possibility of creating a U.S. cryptocurrency stockpile, potentially derived from seized cryptocurrencies. The group is directed to submit a report on criteria for such a stockpile by July. A U.S. strategic bitcoin reserve could help reduce the deficit, strengthen the U.S. dollar, and provide leverage over foreign adversaries.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖