Citi: The possibility of the United States establishing a strategic crypto reserve has increased, but more details are needed
03-03 13:22

Odaily News Citigroup said in a research report that after Trump announced over the weekend that XRP, SOL, ADA, BTC and ETH would be included in the crypto strategic reserve, the possibility of the United States establishing a crypto strategic reserve seems greater. Analyst Alex Saunders believes that the US government’s announcement of further plans to become a strategic holder of digital assets will enhance the legitimacy of the asset class. Citi pointed out that the US government currently holds about $19 billion in cryptocurrencies, mainly Bitcoin, while gold holdings reach $750 billion. The bank said that further clarifying the selection criteria for which tokens to include in the reserves will provide more support. (Coindesk)

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