Explained: Donald Trump’s Crypto Strategic Reserve move & its implications

US President Donald Trump has announced the establishment of a United States ‘Crypto Strategic Reserve’, incorporating major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). The move aims to position the US at the forefront of the burgeoning digital asset industry, and comes days ahead of the White House Crypto Summit on Friday.