CoinVoice has recently learned that, according to Cryptoslate, Dennis Porter, founder of the Satoshi Act Fund, stated that U.S. President-elect Trump plans to establish a Strategic Bitcoin Reserve (SBR) through an executive order, intending to use the Treasury's Exchange Stabilization Fund (ESF) to purchase Bitcoin. The ESF is typically used to respond to financial crises, with total assets exceeding $200 billion as of October 2024. If implemented, the plan would position the U.S. at the forefront of the global Bitcoin reserve race.
At the same time, several states in the U.S. have begun to push for Bitcoin reserve legislation, including Pennsylvania and Texas. Additionally, countries such as Brazil, Poland, and Japan are also discussing proposals to establish national Bitcoin reserves. [Original link]
