President Donald Trump's administration is making significant strides in strengthening the US's position in cryptocurrency investments. With substantial purchases of ETH and TRX, World Liberty Financial has expanded its assets, backed by initiatives to form a regulatory body and a national digital asset reserve.
World Liberty Financial’s Major Cryptocurrency Purchases
World Liberty Financial recently purchased 4,700 ETH valued at $15 million and 10.61 million TRX valued at $2.65 million. With these additions, the company's portfolio has grown to 55,625 ETH and 40.72 million TRX.
Digital Asset Reserve and Regulatory Initiatives
Donald Trump signed an executive order declaring cryptocurrencies as a national priority. A presidential working group has been established to create a federal regulatory framework and a national digital asset reserve.
Strategic Steps by the US in the Crypto Sector
The Trump administration focuses on strengthening the US's position through further development of cryptocurrency policies. Special attention is given to stablecoins, personal wallets, and banking service access.
Through these measures, the Trump administration aims to solidify the US's leadership in the cryptocurrency sector, ensuring stability and security of digital assets.