US President Trump has taken a step towards the creation of the Egemen Servet Fund with the executive order signed on February 3. In the order, Treasury Minister Scott Bessent and Trade Minister Howard Lutnick were held responsible for the implementation of the fund. This development has brought up the expectations of the previously promised strategic digital existence reserve in the country.
Executive Order Details
The new regulation, the US balance sheet is the aim of turning the asset side of the purpose of cash said. The implementation of the order is expected to take place within the next 12 months. Development was evaluated in the sense that digital assets are integrated into national strategies in some circles, while the official statement of the state did not refer to a direct digital being.
Senator lummis and new law initiative
In particular, the pro -digital currency senator Cynthia Lummis supported the strategic reserve idea previously promised during the campaign period. The BITCO’s law introduced in July 2024; Technology aims to increase innovation and competition. Lummis drew attention to the development of the order by describing the order as “₿ig deal ..
Senator Cynthia Lummis: “Bitcoin transforms our country and the world and enables us to become a leading position in financial innovation. This is an important step that will expand our financial horizon. ”
Developments related to US officials
Senator Lummis puts pressure on digital asset management by US Marshals Service. The institution could not provide the details of the digital asset management and warehouse in the determined period. In the past, Lummis expressed the institution’s concerns about digital asset management, while warnings against possible sales transactions in the future.
Developments led to speculation that digital assets between the state and the private sector will take place in national economic strategies. Although there is no clear information in the official statements, this step keeps expectations in the field of technology and innovation alive. It is a matter of curiosity how the event will be shaped in the coming periods.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
