Trump Moves Forward with Strategic Cryptocurrency Reserve

President Trump formalizes plans to establish a U.S. crypto stockpile, signaling a major shift in federal policy on digital assets.

President Donald Trump has announced the creation of a U.S. strategic cryptocurrency reserve, aimed at bolstering the nation's position in the digital asset space.
The reserve will include Bitcoin, Ether, and other cryptocurrencies, with some assets sourced from government-seized holdings in criminal cases.
Critics argue the initiative lacks clear public benefit and raises ethical concerns due to Trump's personal and familial involvement in cryptocurrency ventures like the $TRUMP meme coin.
The administration has dropped several SEC investigations into crypto firms, signaling a shift toward a more permissive regulatory environment for the industry.
Trump will host the U.S.'s first government-backed Crypto Summit on March 7, bringing together top industry leaders, policymakers, and regulators to discuss the future of digital assets.