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Explainer: How would a US crypto strategic reserve work?
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US President Donald Trump has given a first glimpse into what a US cryptocurrency reserve could look like, saying the stockpile would include bitcoin and ethereum and a range of smaller tokens.
Trump in January signed an executive order for the creation of a digital asset working group to explore the possibility of a strategic bitcoin reserve. Trump had directed the group to turn in a report by July addressing criteria for such a stockpile, potentially derived from cryptocurrencies seized by the federal government.
On Sunday, he gave more details in…
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