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March 6, 2025 Establishment Of The Strategic Bitcoin Reserve And United States Digital Asset Stockpile - Executive Order

This executive order establishes a Strategic Bitcoin Reserve (SBR) and a United States Digital Asset Stockpile (USDAS) to centralize and manage government-held digital assets. The policy is based on Bitcoin's fixed supply of 21 million coins, its security, and its potential role as a long-term store of value. The order also outlines policies for the handling of other digital assets acquired through civil or criminal forfeiture proceedings.

Key Provisions:

  • Creation of the Strategic Bitcoin Reserve (SBR):

    • The U.S. Treasury will establish the SBR to store all Bitcoin (BTC) held by the government from forfeiture or penalty proceedings.

    • The BTC in this reserve cannot be sold and will serve as a strategic national asset.

    • Federal agencies must report and transfer BTC holdings to the SBR within 30 days of the order.

  • Creation of the United States Digital Asset Stockpile (USDAS):

    • The U.S. Treasury will also create the USDAS to manage non-Bitcoin digital assets (e.g., other cryptocurrencies) obtained through forfeiture.

    • The Treasury Secretary will determine how these assets should be managed in compliance with applicable laws.

  • Restrictions on Selling Digital Assets:

    • Bitcoin in the SBR cannot be sold.

    • Other digital assets in the USDAS may be strategically managed under Treasury oversight.

    • Exceptions include cases where assets are:

      • Returned to victims of crimes,

      • Used for law enforcement operations,

      • Shared with state and local law enforcement, or

      • Released under specific legal requirements.

  • Potential Future Acquisitions:

    • The Treasury and Commerce Departments will explore strategies to acquire additional BTC but must ensure these are budget-neutral and do not impose costs on taxpayers.

    • Additional acquisitions of non-BTC digital assets require further executive or legislative approval unless obtained through forfeiture.

  • Reporting and Evaluation:

    • Within 30 days, agencies must provide a full accounting of all government-held digital assets.

    • Within 60 days, the Treasury must evaluate legal and investment considerations for managing the SBR and USDAS, including potential legislative needs.

The order ensures that digital assets are managed strategically while maintaining compliance with existing laws. It does not create enforceable legal rights for any parties.



Writer's Note: Summary made with the use of AI tools for editing and quick processing, facts checked against the order before publishing.

 
 
 

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