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Politics

Morgan Music

Trump Signs Executive Order Creating Crypto Reserve to Ensure US Is 'Crypto Capital of the World'

Donald Trump Crypto Executive Order United States Anthony Scaramucci

President Donald Trump, who campaigned on a pro-cryptocurrency platform, announced he will start a US Crypto Reserve. (Credit: Carl Court; Henry Nicholls/Getty Images)

President Donald Trump announced Sunday that his administration is establishing a U.S. Crypto Reserve, in a move to bolster the cryptocurrency industry and integrate digital assets into national financial planning.

The announcement follows an executive order on digital assets he signed in January, and echoes promises made on the campaign trail, where he branded himself the pro-crypto candidate.

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