US crypto reserve no substitute for SEC clarity — Industry exec

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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 (XRP), Solana (SOL) and Cardano (ADA) in a US government crypto stockpile. 

He later added Bitcoin (BTC) and Ether (ETH) to that list, stating they would be at the…



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US crypto reserve no substitute for SEC clarity — Industry exec


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 (XRP), Solana (SOL) and Cardano (ADA) in a US government crypto stockpile. 

He later added Bitcoin (BTC) and Ether (ETH) to that list, stating they would be at the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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