Trump Signs Bitcoin Reserve Order, Nations Take Note

- Trump's Executive Order Signing, Bitcoin Reserves Approval - Changes in U.S. Cryptocurrency Policy Impact Global Financial Markets [Unblock Media] U.S. President Donald Trump has signed an executive order officially approving the stockpiling of Bitcoin. This signing of the executive order is interpreted as a move to promote the adoption of Bitcoin and signals a shift in U.S. cryptocurrency policy. The key figure behind this announcement is David Sacks, dubbed the 'Crypto Czar' of the White House. He is a co-founder of PayPal, currently serving as an advisor to U.S. government cryptocurrency policies, actively promoting the institutional adoption of Bitcoin and blockchain technology. Bitcoin has reinforced its position as a safe asset amid global economic crises in recent years. During the 2013 Cyprus financial crisis, when bank deposits were frozen, investors flocked to Bitcoin, causing its price to surge. Similarly, its value increased as an alternative financial instrument during the Silicon Valley Bank collapse in 2023. President Trump's decision will contribute to enhancing Bitcoin's legal status and market credibility. The U.S. move to stockpile Bitcoin is likely to influence policy decisions in other countries. The Japanese government has recently started discussions on easing cryptocurrency regulations, and the European Union is actively considering the introduction of a digital euro. This trend could pave the way for Bitcoin to secure a status similar to that of legal tender, beyond being a mere investment product. It is also expected to be a significant turning point in setting the relationship with central bank digital currencies. President Trump's executive order on Bitcoin reserves is likely to solidify Bitcoin's role within the global financial system. In the future, not only the U.S. but other major countries are highly likely to officially state their positions on Bitcoin and enact related legislations. Continuous observation is required to see how this decision will impact the adoption rate and stability of Bitcoin in the long term, and what changes it will bring to the global economic structure.