PANews reported on March 7 that according to an announcement on the White House official website, Trump signed an executive order on March 6, 2025 to formally establish the Strategic Bitcoin Reserve and the US Digital Asset Stockpile to strengthen the government's management of digital assets.

The executive order requires the Treasury Department to set up a special agency to manage and control escrow accounts to manage Bitcoin (BTC) and other digital assets held by the government, which are mainly derived from criminal or civil forfeiture. Initial funds will not be added to the budget, and BTC can be further accumulated in the future without increasing taxpayer costs. The executive order also restricts the government from selling or disposing of these assets unless it involves legal requirements, compensation for crime victims, or law enforcement purposes.

Federal agencies will be required to submit reports on their digital asset holdings within 30 days, and the Treasury Department will assess management and legislative needs within 60 days.