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⛓️ CryptoπŸ”΄ BearishImportance 7/10

Those who cheered U.S. Bitcoin reserve have spent year watching Trump's order languish

CoinDesk|Jesse Hamilton|
Those who cheered U.S. Bitcoin reserve have spent year watching Trump's order languish
Image via CoinDesk
πŸ€–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
  • β†’Trump's Strategic Bitcoin Reserve executive order has been waiting for congressional action for a full year.
  • β†’The initiative requires legislative approval to proceed beyond the executive order stage.
  • β†’Supporters who initially celebrated the announcement have watched the proposal remain stagnant.
  • β†’Sources suggest there is one potential path forward being considered for 2026.
  • β†’The delay highlights the challenges of implementing major cryptocurrency policy through the legislative process.
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