Trump's Secret $21 Billion Cryptocurrency Reserves

A March executive order from the Trump administration secretly established two national cryptocurrency reserves: a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. Blockchain analytics firm Chainalysis estimates their combined value exceeds $21 billion, primarily from crypto assets seized by the government. This move sparked debate in the crypto industry, with some praising it for boosting crypto's reputation and others expressing concerns about government intervention contradicting crypto's decentralized nature. The US government is improving its processes for managing and securing these reserves, but uncertainty remains about their precise composition and future direction.