President-elect Trump Met with Crypto Industry Leader Kris Marszalek to Prepare an Order for a Bitcoin Reserve in a Bid to Strengthen the U.S. Financial Landscape

Kris Marszalek, Crypto.com CEO, met Donald Trump at Mar-a-Lago on Dec. 16 to talk about the proposed crypto-related appointments within the financial departments and Congress.

President-elect Trump met with Kris Marszalek, CEO of Crypto.com, at Mar-a-Lago on Dec. 16 to discuss crypto-related appointments within the financial departments and Congress.

The meeting comes amid reports that Trump is considering appointing several crypto proponents to key roles in his administration, including Howard Lutnick as commerce secretary and Paul Atkins to lead the U.S. Securities and Exchange Commission.

Trump has also included crypto in his economic plan, proposing a U.S. Strategic Bitcoin Reserve to be administered within the Treasury’s Exchange Stabilization Fund, as mentioned in his Nashville speech in July.

After the meeting, Bitcoin Magazine published a draft executive order made by the Bitcoin Policy Institute, which includes a policy framework for the creation of the Strategic Bitcoin Reserve.

The order aims to classify Bitcoin (BTC) as a strategic reserve asset within the Treasury’s Exchange Stabilization Fund to enhance U.S. economic security.

It also mandates strict audits and security standards for the reserve. Any BTC that the government possesses, including those obtained in forfeiture cases, will be consolidated under the SBR within seven days.

Furthermore, the Treasury is required to establish a program within 60 days to acquire and manage its BTC holdings.

The order aligns with Trump's goal to cement the United States' leadership in digital assets, which he believes will contribute to economic resilience and global financial supremacy.

The meeting with the 45-year-old CEO follows a recent phone call between Trump and Brian Armstrong, the CEO of Coinbase, on Nov.19, as reported by Fortune.

In his bid to strengthen the U.S. financial landscape, President-elect Trump is preparing an order for a Bitcoin reserve.