#MyCOSTrade #TrumpTariffs Trump administration establishes a "Strategic Digital Currency Reserve".. What does that mean?
Here are the full details. .....
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The elected American president Donald Trump announced the establishment of a strategic American reserve for digital currencies, a step that reflects a significant shift in the government's stance towards digital assets, according to a report published by Forbes.
This step represents - according to Forbes - a radical shift in the governmental approach to digital currencies, as Bitcoin (BTC), Ethereum (ETH), XRP, and Cardano (ADA) are integrated into the American financial structure.
The American government has long held a cautious stance towards digital currencies in the past due to concerns about sharp volatility, security risks, and regulatory uncertainty, but this decision indicates a major reassessment of these assets.
Why these specific digital currencies?
According to the report, the selection of these currencies was not random, but was based on their strategic roles in the digital economy.