On March 3rd, David Sacks, the White House cryptocurrency advisor, announced President Trump’s initiative to establish a strategic reserve of **cryptocurrencies**. This initiative, as outlined in Executive Order 14178, aims to position the United States as the **leading hub for digital assets**. The reserve will primarily include **Bitcoin** and a curated selection of other prominent cryptocurrencies, enhancing the nation’s fiscal strategy in the rapidly evolving financial landscape. Sacks hinted at further revelations expected during the upcoming **White House Cryptocurrency Summit** scheduled for March 7th, which is anticipated to detail the implications of this strategy for the global **crypto market**. This move is seen as part of a broader objective to foster innovation in the **blockchain** sector and attract **investors** looking to capitalize on the expanding digital economy.
Source: https://en.coinotag.com/breakingnews/trumps-vision-bitcoin-as-part-of-the-u-s-strategic-crypto-reserve/