0
0
News

Trump Faces Blowback Over Crypto Strategic Reserve

Trump's decision to lead with XRP, ADA and SOL is drawing criticism.
0
0
Mar 3, 2025 • 1 min read

President Trump urges the establishment of a Crypto Strategic Reserve and aims to position the U.S. as a crypto capital, including major cryptocurrencies in the reserve.

What’s the Scoop?

  • Trump's Directive: President Trump directed his Presidential Working Group on Crypto to 'move forward' on creating a Crypto Strategic Reserve.
  • Reserve Details: The reserve, initially focused on SOL, XRP, and ADA, will also include Bitcoin and Ethereum as clarified by Trump.
  • Government Holdings: The U.S. government already holds significant crypto assets: $17 billion in BTC and $120 million in ETH.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.

Are you sure you want
to log out?
You'll lose access to your Bankless account until you log back in again. Oh and also, we'll miss you too much! 😢
Cancel
Continue
Account Light mode Log Out