Trump Executive Order Aims to Make US a 'Bitcoin Superpower'

White House Order Centralizes Crypto Seized Through Civil, Criminal Forfeitures Chris Riotta (@chrisriotta) • March 7, 2025

The Trump administration pledged not spend taxpayer dollars on cryptocurrencies deposited into a federal "Strategic Bitcoin Reserve" created by a Thursday evening executive order.

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U.S. President Donald Trump has pledged to convert the United States - whose international sway rests partly on dominance of the dollar as a global reserve and in the international dollar clearing system - into "the Bitcoin superpower of the world."

A White House fact sheet on the order says the cryptocurrency reserve will be capitalized with Department of Treasury-controlled cryptocurrency forfeited in criminal cases or civil litigation.

The fact sheet states that the departments of Treasury and Commerce can ...