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Trump Signs Executive Order Creating a Strategic Bitcoin Reserve. What Does It Mean for Cryptocurrency?

Summary by CNET

Similar to how the government has a reserve of other currencies such as gold, this reserve houses the country's digital currency.

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the Guardian

Lean Left

US rise of cryptocurrency and fall of regulation pose ‘profound risks’ – report

Center for Political Accountability, which advocates for corporate disclosure, warns of fallout from Trump’s effortsA new report warns of “profound risks” in American politics as cryptocurrency companies increase their political spending and Donald Trump oversees regulatory retreat while promising to create a “crypto strategic reserve”.The situation “illustrate[s] the profound risks that unchecked corporate political spending presents, particula…

1 month ago

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The Babylon Bee

Lean Right

Trump Creates U.S. Strategic Hawk Tuah Coin Reserve

WASHINGTON, D.C. — As part of an ongoing effort to lead America into a safer and more prosperous future, President Donald Trump announced on Friday the creation of a Strategic U.S. Hawk Tuah Coin Reserve.

1 month ago

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wired.com

Lean Left

Trump's 'Strategic Bitcoin Reserve' Plan Comes With a Twist

Rather than buy bitcoin directly, Donald Trump’s plan calls for holding the US government’s current bitcoin assets in reserve—and creates a separate stockpile for other crypto coins.

1 month ago

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CNET

Center

Trump Signs Executive Order Creating a Strategic Bitcoin Reserve. What Does It Mean for Cryptocurrency?

Similar to how the government has a reserve of other currencies such as gold, this reserve houses the country's digital currency.

1 month ago

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New York Post

Lean Right

Trump’s plan for crypto strategic reserve could hit roadblock in Congress

President Trump's plan to create a strategic reserve of digital coins has run into a significant roadblock – and it's called the US Congress, On The Money has learned.

1 month ago

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independent.co.uk

Lean Left

Trump establishes ‘digital Fort Knox’ for bitcoin but crypto markets slump: Live

President’s order for creation of strategic cryptocurrency reserve follows decision to suspend 25 percent tariff hike on Mexican and Canadian goods by one month

1 month ago·United Kingdom

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