US President Donald Trump’s plans for a strategic cryptocurrency reserve are good news for the industry, but they are no substitute for clearer regulation, Patrick Young, go-to-market lead at Web3 app Galxe, told Cointelegraph on March 3.
In a March 2 post on the social media platform Truth Social, Trump said he told his administration’s digital assets working group to include XRP ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/xrp-price-index” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/xrp-price-index”>XRP), Solana ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/solana-price-index” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/solana-price-index”>SOL) and Cardano ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ada-price-index” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/ada-price-index”>ADA) in a US government crypto stockpile.
He later added Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/bitcoin-price”>BTC) and Ether ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/ethereum-price”>ETH) to that list, stating they would be at the…
