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Fortune
Fortune
Marco Quiroz-Gutierrez

Trump's plan to create a national Bitcoin reserve is 'crazy' says former Treasury Secretary

Photo of Larry Summers (Credit: Mandel Ngan—AFP via Getty Images)
  • President-elect Trump’s latest Bitcoin play is a proposed national reserve of the cryptocurrency, but one critic said the plan could be viewed as pandering to special-interest campaign contributors from the crypto industry.

President-elect Donald Trump’s plan to create a strategic Bitcoin reserve has drawn criticism from former Treasury Secretary Larry Summers.

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