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Crypto News > Blog > News > “I will do something great with cryptocurrencies” | Crypto News
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“I will do something great with cryptocurrencies” | Crypto News

Crypto
Last updated: 2024/12/12 at 12:08 PM
Crypto Published December 12, 2024
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“I will do something great with cryptocurrencies”
 | Crypto News
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The president-elect of the United States, Donald Trump, went to the New York Stock Exchange this Thursday to begin negotiations, marking the moment by ringing the bell that begins the day on Wall Street.

Trump, during a brief question and answer session with the local press, in the midst of the celebration for having been named Person of the Year by TIME magazine, addressed the issue of cryptocurrenciesdirectly responding to questions about your plan for the creation of a strategic Bitcoin reserve.

“Yes, I think so, we are going to do something great with cryptocurrencies because we don’t want China or anyone else to adopt them before us. “We want to be the leaders,” Trump declared, reaffirming his commitment to the idea he promoted during his campaign.

This statement not only reaffirms Trump’s campaign promise to create a strategic reserve of bitcoin, but also underlines the direction in which he wants to take financial policy of his administration. The reserve, which is estimated to contain approximately 200,000 BTC, currently valued at more than USD 21 billion, would symbolize a significant change in the policy of Cryptocurrency adoption at the national level.

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The trend of accumulating bitcoin as part of strategic reserves by States is something that has been on the rise in recent months. However, Trump’s decision to move forward with this plan aligns with a broader movement within the United States.

Recently, States such as Florida and Pennsylvania have announced the creation of their own BTC treasuries. Alabama, for its part, has started exploring the possibility of following this same path, as reported in CriptoNoticias earlier, indicating a growing acceptance and consideration of bitcoin as an integral part of the American financial system.

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Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
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