The Trump administration and members of Congress have repeatedly discussed the establishment of a crypto reserve for the US, though, as of December 2025, it has thus far contemplated only saving seized or forfeited bitcoin (CNBC, Yahoo [Bezinga], White House). The acquisition of bitcoin by seizure or forfeiture will not count. The exact nature of the reserve (e.g., product of executive action, legislation) is immaterial. Currency swaps (e.g., with El Salvador, where bitcoin is legal tender) or similar instruments will not count.

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