Trump is set to speak to crypto founders and investors at the White House on Friday

President Trump signed an order late Thursday creating a cryptocurrency strategic reserve using bitcoin seized through court proceedings, directing officials to find "budget-neutral" ways to grow it.

Trump is set to speak to crypto founders and investors at the White House on Friday
President Trump embraced cryptocurrency during his campaign, including during this visit to a cryptocurrency-themed bar called Pubkey in New York City on Sept. 18.

President Trump signed an order late Thursday creating a cryptocurrency strategic reserve using bitcoin seized through court proceedings, directing officials to find "budget-neutral" ways to grow it.

(Image credit: Spencer Platt)