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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.
