Mahamil
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U.S. President Donald Trump has announced the names of five cryptocurrencies that he wants to include as part of a new strategic reserve. He stated that the purpose of this reserve is to make America the 'global capital of cryptocurrency.'
The currencies he wants to include in America's new strategic reserve are Bitcoin, Ethereum, XRP, Solana, and Cardano. Following President Trump's announcement, there has been a rapid increase in the prices of these currencies.
During his presidential campaign, Donald Trump had shown considerable support for crypto. It is worth noting that former U.S. President Joe Biden had initiated actions against crypto due to concerns over fraud and money laundering.
In a statement released on social media on Sunday, President Trump said he had signed an executive order directing the presidential working group to start working on a crypto strategic reserve. According to him, this reserve will also include cryptocurrencies named XRP, Solana, and Cardano.
The currencies he wants to include in America's new strategic reserve are Bitcoin, Ethereum, XRP, Solana, and Cardano. Following President Trump's announcement, there has been a rapid increase in the prices of these currencies.
During his presidential campaign, Donald Trump had shown considerable support for crypto. It is worth noting that former U.S. President Joe Biden had initiated actions against crypto due to concerns over fraud and money laundering.
In a statement released on social media on Sunday, President Trump said he had signed an executive order directing the presidential working group to start working on a crypto strategic reserve. According to him, this reserve will also include cryptocurrencies named XRP, Solana, and Cardano.
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