Key takeout
- Trump has proposed US crypto preparations to strengthen the digital assets sector.
- XRP, SOL and ADA have been highlighted by Trump as key assets in the proposed reserve.
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President Donald Trump said Sunday that XRP, Solana (SOL) and Cardano (ADA) will be included in US crypto sanctuaries. The statement comes after Trump signed an executive order to establish a working group focused on digital assets.
The group is tasked with assessing the potential for national digital assets stockpiling and developing clear regulations for the crypto industry. The president did not designate it at the time of signing it. Any Digital assets.
The initiative comes as a response to what Trump characterized as an attack on the crypto industry by the Biden administration. The proposed reserve aims to strengthen the US digital assets sector.
Prior to the inauguration, Trump was reportedly open to the idea of ​​establishing a strategic reserve featuring US-based ciphers such as XRP, SOL and USD Coin. The proposal, as the report shows, raises concerns among insiders about a potential decline in Bitcoin's market leadership, but promotes widespread optimism about the possibility of strengthening the crypto industry as a whole.
President Trump will hold his first White House Script Summit next Friday, with the aim of discussing the future of digital assets with industry leaders, CEOs and investors. The summit will be chaired by David Sacks of AI & Crypto Czar and executive director Bo Hines.
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