Authored by Yashu Gola via CoinTelegraph.com,

Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin BTC$102,801 as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike.

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In a podcast interview with YouTuber Tim Pool, Mallers explained that the president-elect could rely on provisions within a so-called "Dollar Stabilization Act," which grants him considerable authority to protect the US dollar.