Trump says he will establish US crypto reserve

MT HANNACH
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President Donald Trump revealed his intention to move forward with plans to establish an American cryptography reserve on Sunday.

Trump says he signed an executive decree creating a reserve which includes a number of cryptocurrencies. This decision comes just a few days before the White House takes care of a crypto summit on March 7.

“An American crypto reserve will raise this critical industry after years of corrupt attacks by the Biden administration, which is why my decree on digital assets ordered the presidential working group to move forward on a cryptographic strategic reserve which includes XRP, Sol and Ada”, ” Trump wrote.

“I will make sure that the United States is the cryptographic world capital. We are making America again!” He added.

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Trump in the White House

President Donald Trump signs a series of decrees in the oval office of the White House. (Images Andrew Harnik / Getty / Getty Images)

The Summit of the Crypto will take place on Friday, marking the very first event in the White House of the genre.

Trump is expected to pronounce comments during the summit, said the White House.

The event will include “founders, CEOs and investors in the cryptographic industry, as well as members of the president’s working group on digital assets”, according to the White House.

OPENAI CEO Sam Altman, accompanied by President Donald Trump, speaks during a press conference in the White House Roosevelt room on January 21, 2025, in Washington, DC Trump announced an investment in the artificial intelligence infrastructure and TT and TT and TT (Images Andrew Harnik / Getty / Getty Images)

The summit will be led by a venture capital and White House The AI ​​and the Crypto-Tsar David Sacks and will be administered by the executive director of the working group, Bo Hines.

This occurs after Trump signed a decree in January to establish the working group, which consists of managers of various federal agencies to advise the White House on politics surrounding digital assets.

Bitcoin cryptocurrency

President Trump plans to create a cryptocurrency reserve. (Illustration Photo de Chesnot / Getty Images / Getty Images)

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During his campaign in 2024, Trump promised to rationalize the regulations, support a stablecoin framework and establish a stock of Bitcoin, according to Bloomberg News.

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