US President Prepares Executive Order to Protect Bitcoin Access
The US President is set to sign an executive order aimed at ensuring access to BTC and digital assets. This policy could redefine the relationship between digital assets and the US financial system. Key points include:
- The order will prohibit banks from denying services to Bitcoin and crypto-related companies.
- This action marks a shift in US policy, potentially ending years of financial censorship against the crypto industry.
- Increased attention from the government may attract institutional interest and market volatility.
- Positive developments expected involving Federal Reserve Chair Jerome Powell.
Additionally, Indonesia's Vice President is considering adding BTC to national reserves, which would position the country as a pioneer in recognizing digital assets at the state level. This reflects a broader trend of governments exploring crypto adoption to hedge against inflation and currency risks.
Bhutan's BTC Transfer
The government of Bhutan has transferred 517 BTC, worth approximately $59.2 million, to a new wallet. This move has raised speculation about potential custody changes or strategic adjustments within its sovereign crypto holdings. Bhutan remains a discreet yet active participant in the digital asset space.
