{"id":39191,"date":"2025-03-02T16:47:00","date_gmt":"2025-03-02T22:47:00","guid":{"rendered":"https:\/\/ustower.net\/?p=39191"},"modified":"2025-03-03T01:37:19","modified_gmt":"2025-03-03T07:37:19","slug":"trump-announces-us-crypto-reserve","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=39191","title":{"rendered":"Trump announces US crypto reserve"},"content":{"rendered":"\n<p class=\"has-medium-font-size wp-block-paragraph\"><a href=\"https:\/\/thehill.com\/people\/donald-trump\/\"><u>President Trump\u2002<\/u><\/a>announced Sunday that the U.S. would be creating a crypto reserve to boost the growing industry.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cA U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,\u201d&nbsp;<a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114093526901586124\"><u>Trump posted to Truth Social<\/u><\/a>.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Trump said he will make the United States the \u201cCrypto Capital of the World.\u201d<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">His announcement comes just after the White House announced it would be welcoming cryptocurrency industry professionals on March 7 in&nbsp;<a href=\"https:\/\/thehill.com\/policy\/technology\/5171305-white-house-to-host-first-crypto-summit\/\"><u>a first-of-its-kind summit<\/u><\/a>.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Attendees will include founders, CEOs and investors from the industry.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">One of Trump\u2019s&nbsp;<a href=\"https:\/\/thehill.com\/business\/5103660-trump-signs-executive-order-establishing-crypto-working-group\/\"><u>first executive orders<\/u><\/a>&nbsp;said he plans to foster \u201cresponsible growth\u201d and use of \u201cdigital assets\u201d and technologies to bolster the economy.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Trump\u2019s digital assets working group has a deadline of six months to submit recommendations on regulatory and legislative proposals to the president surrounding the industry.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">It\u2019s unclear what exactly Trump\u2019s crypto reserve would look like, and while he previously dismissed crypto as a scam, he\u2019s embraced the industry throughout his most recent campaign.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><a href=\"https:\/\/thehill.com\/policy\/technology\/5171815-trump-announces-us-crypto-reserve\/\">thehill<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Trump\u2002announced Sunday that the U.S. would be creating a crypto reserve to boost the growing industry. \u201cA U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":39192,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5783],"tags":[1783,2015,1230],"class_list":["post-39191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sci-tech","tag-crypto","tag-reserve","tag-trump"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/39191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39191"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/39191\/revisions"}],"predecessor-version":[{"id":39193,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/39191\/revisions\/39193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/39192"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}