Trump’s commerce secretary hints at Bitcoin-only strategic reserve

Source of this Article
Coin Telegraph 9 months ago 146

US Commerce Secretary Howard Lutnick has confirmed that the Trump administration will unveil plans for a strategic Bitcoin reserve at the upcoming White House Crypto Summit on March 7.

In an interview with The Pavlovic Today, Lutnick clarified that Bitcoin (BTC ($87,947.00)) will likely have a special status in the country’s national cryptocurrency reserve, which will include Ether (ETH ($2,948.61)), Solana (SOL ($124.75)), Cardano (ADA ($0.37)) and XRP ($1.87) (XRP).

“The president definitely thinks that there’s a Bitcoin strategic reserve,” Secretary Lutnick said. “Now, there will be the question of, how do we handle the other cryptocurrencies. And I think the model is going to be announced on Frida...



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