Trump names cryptocurrencies in strategic reserve, sending prices up

Article

Publisher

Reuters

Tags

Source maintained by Catalin

Web URL

https://www.reuters.com/world/us/trump-says-cryptocurrency-strategic-reserve-includes-xrp-sol-ada-2025-03-02/

Referenced by

Trump announces U.S. crypto reserve

Crypto news

News story

"This move signals a shift toward active participation in the crypto economy by the U.S. government," said Federico Brokate, head of U.S. business at 21Shares, a digital assets investment management firm. "It has the potential to accelerate institutional adoption, provide greater regulatory clarity, and strengthen the U.S.’s leadership in digital asset innovation."

Crypto news

Quote

Bitcoin, the world's largest cryptocurrency by market value, was up more than 11% at $94,164 Sunday afternoon. Ether, the second-largest cryptocurrency, was up about 13% at $2,516.

Crypto news

Quote