POTUS New Announcement
Trump has announced plans for a Crypto Strategic Reserve, aiming to position the U.S. as a leader in digital assets. The reserve would include Bitcoin, Ethereum, XRP, Solana, and Cardano and stem from a January 2025 executive order.
The announcement briefly boosted crypto prices, but concerns over volatility, regulatory oversight, and congressional approval remain. Critics warn of taxpayer risks and potential conflicts of interest. Some Republican-led states have already opposed similar crypto investments.
Further details will be revealed at a crypto summit in July 2025, where a working group will present recommendations.
