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Trump’s crypto strategic reserve: Key questions

The Trump administration is ending investigations into cryptocurrency firms, signaling an interest in promoting digital assets in the U.S. Market.
The U.S. Securities and Exchange Commission dropped cases against Coinbase and Robinhood, signaling a friendlier regulatory approach to cryptocurrency.
Trump's plans include creating a strategic cryptocurrency reserve composed of Bitcoin, Ether, XRP, Solana, and Cardano, which has sparked debate within the crypto industry.
Experts express concerns over the ethical implications of a president promoting cryptocurrency, as it may suggest prioritizing personal financial interests over public welfare.

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Upstract

Trump’s crypto reserve lays the groundwork for the largest bailout in history

With inflation up and consumer sentiment down, working Americans don’t have much to celebrate after President Donald Trump’s first six weeks in office.

6 days ago·United States

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Business Insider

Crypto insiders say Trump's love for bitcoin is more than a fling — even though he may be making an 'unforced error'

Donald Trump's affinity for cryptocurrencies is serious, industry insiders say.Scott Olson/Getty ImagesPresident Donald Trump isn't faking his support for bitcoin and other cryptos.The new strategic crypto reserve has vocal critics among bitcoin believers.However, the crypto world is overjoyed that Trump seems to be fully on their side.Allies and enemies of President Donald Trump would agree that, so far, the new administration is carrying out i…

7 days ago·United States

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GZERO Media

How would Trump’s crypto reserve work?

Though once a crypto skeptic, President Donald Trump has become an enthusiastic supporter of the industry. His media company began investing in crypto several years ago, and on the campaign trail, he pledged to reverse Joe Biden’s administration's tough regulatory approach toward this asset class. He also proposed creating a national Bitcoin stockpile, which would include the Bitcoin seized in law enforcement actions.Trump’s recent announcement …

7 days ago

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Jacobin

How Republicans Fell in Love With Crypto

Donald Trump’s embrace of cryptocurrency, which is dominated by the most reactionary and stupid representatives of the tech industry, has made it a partisan issue. But it might turn out to be a misstep.

7 days ago

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Coin Desk

Trump's Strategic Crypto Reserve is a Positive, Market Has Got it Wrong, Bitwise Says

The final reserve will be almost entirely bitcoin and will be larger than people think, the report said.

7 days ago·Manila, Philippines

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UPI

President Donald Trump’s embrace of cryptocurrency sets stage for wider adoption

The Trump administration is closing investigations into cryptocurrency marketplaces as President Donald Trump seeks to grow the United States' footprint in the digital asset space.

8 days ago·Washington, United States

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