The Maxis were expecting a crypto reserve to mean the government would be directly investing\purchasing crypto outright. This EO says they capitalize the fund with confiscated crypto they get from criminals or other free means without spending money. It's more like a crime scene vault for crypto haha.
Then crypto promptly plummets... wtf?
The Maxis were expecting a crypto reserve to mean the government would be directly investing\purchasing crypto outright. This EO says they capitalize the fund with confiscated crypto they get from criminals or other free means without spending money. It's more like a crime scene vault for crypto haha.