Trump announces strategic crypto reserve | LiveNOW from FOX
In a Truth Social post Sunday, President Trump revealed plans to establish a U.S. Crypto Reserve. The announcement spiked the market value of several digital currencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano.
“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. “I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” he added.
The move comes just days before the White House is set to host a crypto summit on March 7.
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