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Trump, once a crypto skeptic, establishes a bitcoin reserve
- US President Donald Trump has signed an executive order for a strategic bitcoin reserve and digital asset stockpile.
- The reserve will use bitcoin and other digital assets from federal asset forfeiture proceedings.
- The US government owns an estimated 200,000 bitcoins.
- Before this presidential campaign, Trump took a tough stance on crypto, but he embraced crypto in his last presidential campaign.
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