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Trump announces strategic crypto reserve

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President Donald Trump announced the creation of a strategic cryptocurrency reserve held by the U.S. government.

The reserve will include bitcoin, ether, XRP, Solana's SOL token and Cardano's ADA, according to CNBC.

"A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration," Trump said on Truth Social.

Read more from CNBC.

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