President Trump has announced that the U.S. crypto strategic reserve will include XRP, Solana, and Cardano, but notably omitted Bitcoin. He previously expressed a commitment to a Bitcoin stockpile. This change in focus may unsettle Bitcoin advocates as policies evolve.
In a bold announcement, President Donald Trump declared that the U.S. strategic crypto reserve will incorporate XRP, Solana, and Cardano. However, surprisingly, Bitcoin was absent from his list in a recent post on Truth Social, as well as from any mention of other cryptocurrencies.
During the Bitcoin 2024 conference in Nashville, Trump previously proclaimed his ambition to create a “strategic national Bitcoin stockpile.” He affirmed the plan to retain all Bitcoin currently held by the government, stating, “If I am elected, it will be the policy of my Administration — the United States of America — to keep 100% of all the Bitcoin the government currently holds or acquires into the future. We will keep a hundred percent.”
His call for a Bitcoin reserve appears to have transformed since his January 23 executive order, which directed the establishment of a broader digital asset stockpile. This shift has caused consternation among Bitcoin advocates, who felt sidelined by this new direction. As this story unfolds, more news will emerge related to Trump’s stance on cryptocurrency.
President Trump’s new directive to include XRP, SOL, and ADA in the U.S. crypto reserve marks a significant shift in national crypto policy. He remains committed to maintaining a national Bitcoin stockpile, although his recent omission of Bitcoin in favor of other cryptocurrencies has sparked debate. As the situation develops, the impact on the crypto landscape remains to be seen.
Original Source: cointelegraph.com
