Trump calls bitcoin and others as part of the next “strategic reserve for encryption”

In a pair of social media jobs today, President Donald Trump has appointed some cryptocurrencies that he says will be part of a strategic coding reserve created by an executive order signed in January. These include bitcoin and ether, which He says “The heart of the reserve will be.”

During the Trump era, the Securities and Stock Exchange Committee (SEC) quickly retreated from the cautious situation towards the cryptocurrencies that it kept before Trump’s inauguration this year. The agency has recently decreased Investigations and Judicial cases Against encrypted currency companies that claimed securities violations.

It was one of the currencies that Trump mentioned today, Reble’s XRP, the subject of A. 2020 second lawsuit In any Judge Ruling It was an unscrupulous safety, but only when Ripple sold it to institutional investors. SEC appealed this decision In October last year; To write this lines, this call is continuing.