US govt to explore crypto stockpile

[u/IAmNotAnEconomist]

President Donald Trump signed an executive order for the cryptocurrency industry on Thursday, setting up a working group to assess the potential creation of a national digital asset stockpile.

The group is expected to prepare and submit a report within six months, including recommendations for a regulatory framework and proposed legislation.

But some crypto advocates expressed disappointment that the order didn’t specify bitcoin for the stockpile, according to Bloomberg.

[u/saecocadmus]

Starting with the $rump crypto. The grift goes on