Trump Plans a Crypto Strategic Reserve: What to Know

President Donald Trump announced plans for the creation of a cryptocurrency strategic reserve on March 2, fulfilling a campaign pledge to turn the United States into “the crypto capital of the world.” During the 2024 election campaign, Trump fully embraced Bitcoin and the wider cryptocurrency industry, advocating for pro-crypto policies. Shortly after returning to the White House, the president signed an executive order to promote U.S. leadership in digital assets and financial technology. The announcement, which sparked a rally in crypto markets after a month-long skid, comes ahead of the president’s first White House Crypto Summit on March 7. Here is what to know about Trump’s proposed crypto reserve plan....