President Donald Trump recently endorsed the concept of a national reserve for cryptocurrencies like XRP, Solana, and Cardano, as he aims to position the U.S. as a leading crypto nation. His support follows an executive order for a working group to study crypto policies and potentially create a national digital asset stockpile from seized assets. Trump's post on Truth Social criticized the Biden administration's regulatory stance and indicated his intention to propel the industry forward. Consequently, prices for the mentioned cryptocurrencies surged significantly.
A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order directed the Presidential Working Group to move forward.
The working group was supposed to propose criteria for establishing a national digital asset stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through law enforcement efforts.
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