He wanted the United States to be the leading cryptocurrency mining nation. Trump said his administration would keep all bitcoins currently held by the US government.
Trump’s plan includes creating a Bitcoin and Cryptocurrency Advisory Council to develop transparent regulatory guidance and create a favorable environment for cryptocurrency mining in the U.S. Additionally, he promised to prevent the creation of a Central Bank Digital Currency (CBDC).
Trump’s support for Bitcoin contrasts with his previous skepticism, but even without that, the proposed strategic reserve would still need to overcome many “hurdles” to become a reality.
Source: Ferra
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