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, Solana, and Cardano, but not Bitcoin or 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…