Reported 1 day ago
Former President Donald Trump reaffirmed his support for the cryptocurrency industry during a recent summit at the White House, announcing the establishment of a strategic bitcoin reserve and emphasizing the U.S.'s goal to become a global cryptocurrency leader. The reserve, which will utilize seized bitcoins to avoid taxpayer costs, seeks to stabilize the volatile crypto market and promote economic growth through the sector. Despite bipartisan excitement, some lawmakers expressed concerns about potential conflicts of interest related to the administration's ties to the industry.
Source: YAHOO