A newly disclosed public document reveals that the Bitcoin Policy Institute, a US research and advocacy group, has drafted an executive order aimed at classifying Bitcoin as a currency. Strategic reserve assets. This proposed order is designed to take effect immediately upon signing by President-elect Donald Trump on his first day in office.
A new draft calls for holding Bitcoin through the Treasury Department’s Social Security Fund
According to draftAs global finance increasingly integrates digital assets, the United States must adapt its financial strategies to maintain its stability and leadership in the global economy.
The document describes Bitcoin as a decentralized, finite asset and store of value, comparable to digital gold, that can enhance the resilience of the US dollar and support US economic interests.
If enacted, the Executive Order would designate Bitcoin as a suitable asset for holding within the Treasury Department’s Exchange Stabilization Fund (ESF), establishing a Strategic Bitcoin Reserve as a permanent national asset for the benefit of all Americans.
The draft emphasizes the importance of creating a Bitcoin reserve to support the US economy and secure US financial dominance in the coming years.
By designating Bitcoin as a strategic asset held by the government, the proposal aims to diversify assets within the European Social Fund, thus protecting patriotism Economic security Ensuring competitive advantage in the twenty-first century.
Furthermore, it seeks to position the United States as a global leader in the digital assets industry, attracting capital, talent, and sound companies to thrive within its borders.
To bolster confidence in this initiative, the draft specifies that the Bitcoin Strategic Reserve will be managed by the Secretary of the Treasury, with provisions for regular audits, security standards, and reporting procedures.
Within seven days of signing the order, i.e Bitcoin Held by federal agencies, including the U.S. Marshals Service, their sale or mortgage will be prohibited. Instead, it will be transferred to the strategic reserve when legal ownership is acquired.
Additionally, the draft requires the Secretary of the Treasury to implement a Bitcoin acquisition program within 60 days of signing the order. This would make it easier to manage and purchase Bitcoin within the Environmental and Social Framework (ESF).
Trump’s potential Day 1 executive order
While this document represents only a draft and neither Trump nor members of the incoming administration have commented on it publicly, interest in such measures has increased in recent days.
Most notably, Jack Mallers, founder and CEO of Strike, recently Shown Trump is considering issuing an executive order on day one to create a strategic reserve for Bitcoin. During an interview, Mallers said, “I also know that Trump is looking to issue an executive order from day one.”
His statements sparked discussions about the potential ramifications of such an order, especially in the context of the dollar stabilization law, which could give the president broad authority to protect the dollar.
Trump’s recent statements further inflamed the situation Speculation Surrounding the creation of a Bitcoin reserve. In a speech on the New York Stock Exchange, he said: “We are going to do something great with cryptocurrencies,” and when asked about the possibility of the United States creating a reserve similar to its oil reserves, he replied: “Yes, I think so.”
At the time of writing, Bitcoin is consolidating at $104,000, down 2.5% in the 24-hour time frame.
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