Trump Plans U.S. Crypto Reserve, Aims to Make America World Capital for Bitcoin

Jan 16, 2025, 12:26 PM

President-elect Donald Trump has declared his vision to make America the world capital for cryptocurrency and Bitcoin, pledging to embrace industries of the future. According to the New York Post, he is receptive to creating an America-first strategic reserve that would prioritize U.S.-founded cryptocurrencies such as Solana, Ripple, and USD Coin. The proposed initiatives include establishing a crypto reserve, ending 'de-banking' policies, and appointing pro-crypto officials to key positions. This move signifies a potential shift in the U.S. government's approach to digital assets, emphasizing domestically founded cryptocurrencies and potentially boosting the American crypto industry.