Trump's Crypto Reserve Plan Raises Questions Over Conflicts of Interest

The U.S. president's proposed strategic reserve of digital assets has sparked scrutiny over potential self-enrichment and market manipulation.

Donald Trump announced plans for a federal reserve of cryptocurrencies, including XRP, Solana (SOL), Cardano (ADA), Bitcoin, and Ethereum.
Critics allege the selection of XRP, SOL, and ADA may benefit Trump's personal and political allies, raising concerns over conflicts of interest.
Trump's earlier launch of the $Trump memecoin generated billions in revenue, further fueling skepticism about his crypto-related initiatives.
Experts warn that institutionalizing volatile crypto assets could tie their value to Trump's political decisions, destabilizing the ecosystem.
The announcement has led to market fluctuations and intensified debates about the role of government in cryptocurrency regulation.