Trump calls for creation of a ‘crypto strategic reserve’

President Donald Trump is throwing his support behind the creation of a federal reserve of cryptocurrency assets — initially highlighting XRP, Solana, and Cardano for inclusion, then later adding Bitcoin and Ethereum. In January, Trump issued an executive order calling for the formation of a working group that would study and make recommendations around crypto policy, including “the potential creation and maintenance of a national digital asset stockpile.” The working group was supposed to “propose criteria for establishing such a stockpile,” which could be “potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.” In a post this morning on his social network Truth Social, Trump seemed to go further, making it clear that he wants to see the reserve become a reality. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on D ... Read full article.