Trump Faces Blowback Over Plans for Crypto Reserve

Published On Mar 3, 2025, 7:52 AM

Former President Trump has proposed creating a national crypto reserve that would include five cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano. This initiative has sparked both enthusiasm and criticism, with supporters claiming it could advance the U.S. as a leader in the crypto space, while critics argue it could waste taxpayer money and undermine the legitimacy of digital currencies. The announcement comes as Bitcoin's price has surged significantly since the recent elections.