The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings,” he added.
Additionally, a March 6 fact sheet from the White House said the order also establishes a “U.S. Digital Asset Stockpile,” which Sacks said would be made up of cryptocurrencies other than Bitcoin.
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The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings,” he added.
Additionally, a March 6 fact sheet from the White House said the order also establishes a “U.S. Digital Asset Stockpile,” which Sacks said would be made up of cryptocurrencies other than Bitcoin.