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Forums › IDOs, Launchpads & Early-Stage Investing › The White House rejects parts of the Sovereign Wealth Advisers Trump funds proposal
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The White House rejected parts of a proposal for a sovereign fund proposed by Trump’s advisors. The plan aims to focus on mandates, equity, and non-crypto investments, not Bitcoin as speculated. A separate decree established a strategic bitcoin reserve and digital asset stocks, indicating an independent approach to cryptocurrencies. The fund may be funded without using taxes. The administration sees the initiative as part of broader efforts to safeguard national security and the economy. Details of the fund structure and purpose are still being debated. Source link 🏛️
https://altcoin.observer/the-white-house-rejects-parts-of-the-sovereign-wealth-advisers-trump-funds-proposal/
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