• 34ºc, Sunny

Foreign media: Trump is "open to the idea of creating a strategic reserve of digital currencies in the United States."

On January 16, according to the New York Post, Trump is "open" to the idea of establishing a strategic reserve containing U.S.-created digital currencies. The article reads: "While many in the cryptocurrency community are cheering Trump's upcoming executive order supporting cryptocurrencies, one of the proposals has caused more controversy: the establishment of an" America First "strategic reserve that would prioritize U.S.-created digital currencies such as Solana, USD Coin, and Ripple. In recent weeks, Trump has met with the founders of these digital currencies, and according to sources, he is open to the proposal. Industry insiders, who spoke on condition of anonymity, expressed concern that the move could delegitimize efforts to promote bitcoin."