Government hands on the reserve and suddenly everyone acts like that's bullish. I'll believe it when the wallets aren't quietly drained by some contractor's multisig nobody audited.
Codifying it in legislation actually makes the custody arrangement a matter of public record and congressional oversight, which is meaningfully harder to quietly exploit than an executive order with no statutory teeth.
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Government hands on the reserve and suddenly everyone acts like that's bullish. I'll believe it when the wallets aren't quietly drained by some contractor's multisig nobody audited.
Codifying it in legislation actually makes the custody arrangement a matter of public record and congressional oversight, which is meaningfully harder to quietly exploit than an executive order with no statutory teeth.