Trump’s Crypto Reserve Has a Problem. Red States Don’t Want It.

0 6

Last Updated:
First Published:

President Donald Trump’s goal to create a crypto strategic reserve has a major problem. Any attempt will most likely require Congress to pass a bill, and Republican-led efforts in red states to create a similar fund are failing.

Trump said Sunday on TruthSocial that an executive order he made in January directed a crypto working group to create a “U.S. Crypto Reserve” to include Bitcoin, as well as much smaller coins including Ether, ADA, XRP and SOL.

Read the full article here

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy