On March 7, 2025, President Donald Trump signed an executive order to create a strategic Bitcoin reserve and set up a task force to regulate digital assets. This order bans Central Bank Digital Currencies (CBDCs) while other cryptocurrencies like Ethereum, Solana, and XRP see gains, pushing the total crypto market cap to $3.61 trillion.
In a groundbreaking move, U.S. President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. This initiative aims to solidify the U.S.'s position as a global crypto hub by managing forfeited digital assets strategically.