Government Will Not Acquire Additional Assets For Crypto Stockpile Outside Of Forfeiture — Twitter
via @ZoomerfiedNews
via @ZoomerfiedNews
Ian's Intel
Government Will Not Acquire Additional Assets For Crypto Stockpile Outside Of Forfeiture — Twitter via @ZoomerfiedNews
Misleading headline from Velo News — the "U.S. Digital Asset Stockpile" refers to digital assets other than bitcoin forfeited in criminal or civil proceeding. — Source
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Summary of the Strategic Bitcoin Reserve Executive Order
1. The U.S. federal government will establish a reserve of Bitcoin.
2. The reserve will be funded with Bitcoin obtained through criminal or civil asset forfeitures, meaning no taxpayer money will be used.
3. The Treasury and Commerce Departments are authorized to develop budget-neutral methods to acquire additional Bitcoin. Any acquisition must not impose additional costs on taxpayers.
4. Additionally, the U.S. Digital Asset Stockpile, a separate reserve for digital assets other than Bitcoin will be formed. Will only contain assets seized via forfeiture proceedings.
Source
1. The U.S. federal government will establish a reserve of Bitcoin.
2. The reserve will be funded with Bitcoin obtained through criminal or civil asset forfeitures, meaning no taxpayer money will be used.
3. The Treasury and Commerce Departments are authorized to develop budget-neutral methods to acquire additional Bitcoin. Any acquisition must not impose additional costs on taxpayers.
4. Additionally, the U.S. Digital Asset Stockpile, a separate reserve for digital assets other than Bitcoin will be formed. Will only contain assets seized via forfeiture proceedings.
Source
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Trump To Sign Further Executive Orders At 2:30 ET, Deliver Remarks From Digital Assets Summit At 3:00 ET — BBG
via @ZoomerfiedNews
via @ZoomerfiedNews
ETF Flows: 06 Mar 2025
🔴 Bitcoin ETFs: -$134.3M net outflows
🔴 Ethereum ETFs: -$10.0M net outflows
🔴 Bitcoin ETFs: -$134.3M net outflows
🔴 Ethereum ETFs: -$10.0M net outflows
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Binance To Introduce New “Vote To List” And “Vote To Delist” Mechanisms — Binance
via @ZoomerfiedNews
via @ZoomerfiedNews
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SBF Moved To Solitary Confinement After Giving Tucker Interview Without Approval — NYT
via @ZoomerfiedNews
via @ZoomerfiedNews
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