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βοΈ Cryptoπ΄ BearishImportance 7/10
Those who cheered U.S. Bitcoin reserve have spent year watching Trump's order languish
π€AI Summary
President Trump's executive order to establish a Strategic Bitcoin Reserve has stalled in Congress for a year, requiring legislative approval to move forward. Sources indicate there may be one remaining approach being considered for implementation in 2026.
Key Takeaways
- βTrump's Strategic Bitcoin Reserve executive order has been waiting for congressional action for a full year.
- βThe initiative requires legislative approval to proceed beyond the executive order stage.
- βSupporters who initially celebrated the announcement have watched the proposal remain stagnant.
- βSources suggest there is one potential path forward being considered for 2026.
- βThe delay highlights the challenges of implementing major cryptocurrency policy through the legislative process.
#bitcoin#strategic-reserve#trump#congress#executive-order#policy#legislation#us-government#regulatory
Read Original βvia CoinDesk
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