US President Donald Trump signed an executive order establishing the crypto reserve just before the White House crypto summit scheduled today. His move leverages roughly 200,000 bitcoins worth over $17 billion seized from criminals. The order too positions the US as a leader in state-backed crypto adoption. Led by White House and crypto czar David … Read more
The Russian Finance Ministry revealed that it is not currently planning to include cryptocurrencies in the strategic reserve due to volatility concerns. However, Deputy Finance Minister Vladimir Kolychev suggested that this stance could change once the fund’s liquid assets reach a level equivalent to 7-10% of Russia’s gross domestic product (GDP). “However, for now, the … Read more
Coinbase co-founder and CEO Brian Armstrong believes the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin (BTC). On the social media platform X, Armstrong says having “just Bitcoin” in the US crypto strategic reserve “would probably be the best option.” According to the Coinbase CEO, Bitcoin comes with … Read more
Why the Backlash? Several tech and crypto leaders are questioning the plan. Here’s why: Taxpayer Money: Critics argue that using taxpayer funds to support speculative digital assets is risky. Obscure Tokens: The inclusion of Solana, XRP, and Cardano raises questions. These tokens are less widely accepted and some believe they were chosen due to personal … Read more
The White House is putting cryptocurrency in the spotlight with plans for a Trump Crypto Reserve, a March 7 Crypto Summit, and the groundwork for sweeping new regulations. Now’s the perfect time to break down the biggest crypto blunders beginners make. If I’d had this kind of guide early on, it would’ve saved me a … Read more
Trump’s Announcement Trump shared the news on Truth Social on March 2, 2025. He stated that the Crypto Reserve would help the crypto industry recover from what he called “corrupt attacks” by the Biden administration. He added that his Executive Order on Digital Assets directed the Presidential Working Group to create the Crypto Strategic Reserve. … Read more
A US Bitcoin Reserve is on its way. Michael Saylor, MicroStrategy’s fierce Bitcoin advocate, wants the U.S. to own the crypto game. Meeting with lawmakers on the House Financial Services Committee, Saylor outlined an ambitious road map for Bitcoin-led dominance, tying America’s economic future to winning the digital currency race. – Price Market Cap – … Read more
More than 30 U.S. states have explored the idea of publicly funded Bitcoin reserves, with at least two jurisdictions nearing the passage of related legislation. Policy makers in Washington haven’t agreed on federal laws to create a Bitcoin (BTC) reserve, Wyoming Republican Senator and chair of the Senate Banking Subcommittee on Digital assets, Cynthia Lummis … Read more
Utah has advanced its Bitcoin reserve bill to the next stage of legislation, with a second and third reading in the Senate pending before a final vote. As per the latest update, Utah’s Senate Revenue and Taxation Committee has passed the Blockchain and Digital Innovation Amendments bill (House Bill 230), bringing the state closer to … Read more
North Carolina is making waves with a new Bitcoin Reserve and proposal to invest as much as 10% of its general and highway funds in Bitcoin. Spearheaded by House Speaker Destin Hall, the legislation signals a push to integrate digital assets into public finance, putting the state in the company of 20 others exploring similar … Read more