The shift in U.S. policy towards a more crypto-friendly stance under Trump is a notable change from the regulatory pressure of the Biden administration. The appointment of pro-crypto figures like David Sacks and Paul Atkins signals a potential renaissance for the industry. The reversal of debanking policies could provide much-needed relief to crypto startups that have struggled with access to traditional financial services. However, the proposed U.S.-first strategic reserve prioritizing domestic digital currencies like Solana, USD Coin, and Ripple raises concerns. While it may boost these specific assets, it risks sidelining Bitcoin, the most recognized and widely adopted cryptocurrency globally. This approach could fragment the industry and weaken Bitcoin's status as a digital reserve currency. Balancing support for U.S.-based innovation while maintaining a neutral stance on global assets like Bitcoin will be crucial for the long-term health of the cryptocurrency ecosystem. Show Less
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HOT DEVELOPMENT: Donald Trump May Consider Reserves with Altcoins, According to Sources! There Are Rumors About Solana and XRP!
https://cryptonews.net/news/main/30377144/
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