The United States is officially established! BTC as a strategic reserve asset of the executive order! In the early morning of December 18, 2024, the draft of the Presidential Executive Order 'Strategic BTC Reserve' drafted by the US BTC Policy Research Institute was widely circulated in the industry. The full name of this executive order is 'Executive Order Designating BTC as a Strategic Reserve Asset in the Forex Stable Fund'. According to reports, if Trump signs it on his first day in office, the executive order will take effect, meaning that the United States will formally establish a strategic BTC reserve.

Executive Order on Designating BTC as a Strategic Reserve Asset in the forex Stability Fund

Pursuant to the powers granted to the President by the United States Constitution and relevant laws, including Title 31, Section 5302 of the United States Code, I hereby order as follows:
Section 1: Purpose

With the increasing integration of digital assets and new economic tools in the global financial system, the United States needs to adjust its financial strategy to maintain its leadership and stability in the global economy. BTC, as a decentralized and limited-supply store of value, has similar characteristics to 'digital gold'. Its unique attributes can enhance the resilience of the US dollar and promote the growth of US economic interests. Therefore, this executive order designates BTC as an asset suitable for strategic acquisitions within the Department of the Treasury's forex stabilization fund (ESF) and establishes a strategic BTC reserve as a permanent national asset for the benefit of all American people.
Section Two: Policies

The policy direction of the US government is as follows:
Establish strategic BTC reserves: This move promotes the growth of the U.S. economy and strengthens the long-term dominant position of the United States in the global financial system.
As a strategic asset: Designating BTC as a strategic asset held by the US government, ensuring the economic security and competitive advantage of the United States in the 21st century through diversification of assets in forex stabilization funds.
Attracting capital and talent: By attracting capital, innovative talents, and enterprise development, making the United States a global leader in the digital asset industry.
Chapter 3: Establishment of Strategic BTC Reserves (SBR) and Designation of BTC as a Strategic Reserve Asset

(a) Establishment of Strategic BTC Reserves: The establishment of Strategic BTC Reserves (SBR), managed by the Secretary of the Treasury, aims to enhance the diversity of US reserve assets. In order to enhance public confidence in the reserves, the Strategic BTC Reserves will undergo regular audits, strictly implement security standards, and provide comprehensive reports to ensure long-term accountability and security.
(b) Government BTC Holdings Consolidation: Within 7 days of the issuance of this order, any BTC controlled by federal agencies (including the U.S. Marshals Service) will be transferred to the strategic BTC reserve. These BTC may not be sold, exchanged, auctioned, or pledged.
(c) Designated as reserve asset: BTC has been officially designated as a strategic reserve asset that can be acquired and held within the forex stabilization fund. The Minister of Finance will implement a purchase plan with the goal of ensuring that the United States maintains a leading position in BTC reserves.
Section 4: Acquisition and Custody Agreement

(a) Acquisition Plan: In accordance with Title 31, Section 5302 of the U.S. Code, the Secretary of the Treasury is authorized to conduct the purchase of BTC, with initial acquisition funds not exceeding $21 billion from the forex stabilization fund. The acquisition plan should be completed within 365 days of the order being issued.
(b) Custody and Security Protocol: To ensure the security of BTC, the Secretary of the Treasury will cooperate with reputable custodians to ensure the secure management of the strategic BTC reserves. At the same time, they will also collaborate with relevant departments such as the National Security Agency to develop long-term security measures to ensure the integrity of the reserves, reduce third-party reliance, and ensure full sovereign control of the BTC reserves by the United States.
Section Five: Conditions for Selling Strategic BTC Reserves

(a) Long-term preservation principle: The strategic BTC reserve will serve as a long-term pillar of the United States' financial strength and commitment to the future digital economy. In the same spirit of protecting the Fort Knox gold reserve, the BTC stored in the strategic BTC reserve should not be used for short-term financial transactions.
(b) Strict Liquidity Limits: The strategic BTC reserves can only be sold in extreme and special national economic or security crisis situations. Sales must be approved by the President, and the Minister of Finance has no authority to sell any portion of the reserves without explicit authorization.
(c) Strict approval process: Any sale of BTC must be accompanied by a written report demonstrating the necessity of the sale and proving that it can effectively resolve specific economic or security crises.
(d) Transparent and controllable execution: if the sale is approved, it will be carried out in the most fair and strictly controlled manner to reduce market fluctuations and maintain public confidence.
Section 6: Reporting and Transparency

(a) Public Reserve Proof: The Minister of Finance will implement a transparent and publicly supervised BTC reserve in the forex stabilization fund through the implementation of encrypted certification. The certification will be conducted quarterly to ensure transparency and protect sensitive information.
(b) Annual Report: The Minister of Finance shall provide detailed reports in accordance with the requirements of the Gold Reserves Act, reporting on the status, performance, and strategic benefits of BTC reserves in the forex stabilization fund. The report will also summarize the acquisition strategy of BTC, security measures for custody, and the impact on the stability of the US economy.
Section Seven: Inter-agency Coordination

The Secretary of the Treasury will coordinate with the Federal Reserve, the Department of Defense, and other relevant federal agencies to ensure that the acquisition and management of BTC reserves comply with US national security, economic stability, and cyber security standards.
Interpretation

Strengthening the global status of the US dollar
The introduction of BTC as a strategic reserve asset can enhance the position of the US dollar in the global financial market. It can not only serve as a tool to hedge against inflation, but also provide a new safe haven asset in the global market, thereby enhancing the global credibility and liquidity of the US dollar.
Promote innovation in the digital asset industry
The implementation of this executive order means that the United States will be at the forefront of the global digital asset development, attracting more innovative companies and talents to enter this field. This will not only inject new vitality into the US economy, but also promote further digital transformation of the global financial system.
Long-term stability of policy
Using BTC as a strategic reserve asset is not only a policy adjustment under the current economic situation, but also a visionary plan for the future economic trend. By establishing long-term reserves, strict security measures, and transparent management mechanisms, it ensures that this decision can be stably implemented and benefit the U.S. economy.
Advantage in Global Competition
Today, as cryptocurrencies and digital assets develop rapidly worldwide, the United States, through this move, will once again demonstrate its leading position in the global economic landscape. This not only affects the global market's demand for BTC but may also trigger imitation from other countries, driving competition in the global economy in the field of digital assets.
Through these measures, the US government is seeking to ensure its dominant position in the digital asset field, prepare for future financial market challenges, and provide security for the stability and innovation of the global financial system.