Strategic Bitcoin Reserve Awaits Legislative Green Light
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While the U.S. Strategic Bitcoin Reserve was established by executive order seven months ago, its implementation remains on hold.
According to official documents, the SBR will be initially capitalized with Bitcoin seized through civil or criminal proceedings by the Department of Treasury.
Further Bitcoin acquisitions are expected to occur via “budget-neutral” methods that won’t burden taxpayers.
Analysts say these developments signal a growing government interest in treating Bitcoin as a strategic asset. -
Good times ahead.