According to BlockBeats news, on December 17, Satoshi Act Fund founder Dennis Porter revealed that US President-elect Trump plans to establish a Strategic Bitcoin Reserve (SBR) through an executive order and plans to use the US Treasury Department’s Exchange Stabilization Fund (ESF) to 200 billion to implement the program.

Many countries around the world have begun to deploy Bitcoin reserves. Brazil proposed to allocate 5% of international reserves to Bitcoin, Polish presidential candidate Slawomir Mentzen promised to establish Bitcoin reserves after being elected, and Japanese lawmakers also urged the government to consider similar measures. In the United States, Pennsylvania and Texas have taken the lead, and at least 10 other states are drafting related bills.

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