PANews reported on December 17 that according to Cryptoslate, US President-elect Trump plans to establish a Strategic Bitcoin Reserve (SBR) through an executive order and plans to use the Treasury's Exchange Stabilization Fund (ESF) to purchase Bitcoin. The ESF is usually used to respond to financial crises, and its total assets will exceed US$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.
