[Trump may use the US Treasury's $200 billion foreign exchange stabilization fund to establish Bitcoin reserves] Titanium Media App reported on December 17 that according to relevant media reports, US President-elect Trump plans to establish a strategic Bitcoin reserve (SBR) through an executive order, and plans to use the Treasury's foreign exchange stabilization fund (ESF) to purchase Bitcoin. ESF is usually used to deal with financial crises, and its total assets exceeded $200 billion as of October 2024. If implemented, the plan will put the United States in a leading position in the global Bitcoin reserve competition.
At the same time, several states in the United States have begun to promote Bitcoin reserve legislation, including Pennsylvania and Texas. In addition, countries such as Brazil, Poland, and Japan are also discussing proposals to establish national Bitcoin reserves.
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