Trump’s announcement
Trump shared news about the truth society on March 2, 2025. he is Encryption The encryption industry will help to recover from the “damaged attack” of the BIDEN administration. He added that his administrative order for digital assets ordered the president to create a cryptocurrency strategic reserve forces.
Trump emphasized Bitcoin Ether Leeum. He also emphasized places of XRP, Solana and Cardano in the reserve army. The news has risen in encryption prices and Bitcoin has increased by more than 10% to $ 94,821. According to Marketwatch, Etherrium increased 12%, while XRP, Solana and Cardano scored 30%, 20%and 50%, respectively.
Did Trump’s position on encryption changed?
Trump’s recent position on encryption is to change from his early perspective. Earlier, he called Cryptocurrencies “fraud” and supported strict regulations. But during the 2024 election campaign, he Encryption industry. This gained the support of the majority of the password lovers.
The BIDEN government was more cautious about encryption strategy. In 2023, BIDEN proposed a 30%imposition of encryption mining energy costs. Gary Gensler’s SEC has also closed several encryption companies.
Trump’s administration took another approach. He was nominated Paul AtkinsEncryption supporters known to replace Gensler as president of the SEC. Investigation of several encryption companies has been suspended. A lawsuit against Coinbase, the largest encryption exchange in the United States, has also been rejected. In January 2025, Trump signed an administrative order to establish a presidential group for the digital asset market. The goal is to make the US a leader in digital financial technology.
Purpose of encryption strategy protection area
Cryptography strategy reserves are aimed at:
- Increase the legitimacy of cryptocurrencies.
- Encourage institutional adoption.
- It affects global Encryption.
- Support to integrate encryption into traditional finance.
Reserve troops can help the United States play a bigger role in forming international encryption rules. You can also inspire you to make similar reserves in other countries. But many details on the operation of the reserve army are still unclear.
How does the reserve work work?
The US government currently has about $ 19 billion Bitcoin. Most of these were seized in criminal investigation. It is not yet clear whether the reserve troops will only include these assets or whether the government will purchase more cryptocurrency.
Major questions about protection zones:
|
side |
situation |
|
Cryptocurrency List |
Check (BTC, ETH, XRP, SOL, ADA) |
|
Acquisition |
It has not been disclosed yet |
|
Preliminary management |
It has not been disclosed yet |
|
Global impact |
Anticipated |
|
Impact |
To be |
Trump’s reserve reserves can have a big impact on the encryption market. This initiative is more supportive for the US government’s digital assets. It welcomed the movement by the Crypto community, but many are not known. The method of managing the protection zone and the long -term effects have not yet been seen.