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Trump calls for creation of a ‘crypto strategic reserve’
President Donald Trump is throwing his support behind the idea of creating a federal reserve of cryptocurrency assets — he specifically mentioned XRP,
President Donald Trump is throwing his support behind the idea of creating a federal reserve of cryptocurrency assets — he specifically mentioned XRP, Solana, and Cardano, but not Bitcoin or Ethereum. “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 Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” Trump wrote. As Trump acknowledged in his post, his executive order seemed directed at undoing the crypto regulatory framework put in place by former President Joe Biden.
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