Prominent crypto figures are questioning the inclusion of five coins in the strategic reserve fund, and some think only bitcoin should be on the list.
CEO Brian Armstrong heralded a "golden age" for crypto, celebrating a landmark victory over the U.S. Securities and Exchange Commission that he said clears the path for innovation after years of regulatory battles.
A pro-XRP lawyer has slammed Bitcoin maxis for criticizing Donald Trump as crypto leaders confirm attendance at the White House crypto summit.
Coinbase co-founder and CEO Brian Armstrong believes that the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin (BTC).
President Donald Trump is set to announce the creation of a U.S. strategic Bitcoin reserve at the White House crypto summit on Friday, according to Commerce Secretary Howard Lutnick.
President Donald Trump took the cryptocurrency world by surprise Sunday, announcing a strategic reserve comprising of top coins such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). As the market came to terms with the significant development,
Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again.
Last week, Brian Armstrong, CEO of the crypto trading platform Coinbase, announced that the SEC was dismissing its lawsuit against the company. The move came after Coinbase boosted Trump’s crypto meme coin, donated $75 million to a pro-Trump Super PAC, and chipped in $1 million to Trump’s inauguration celebration.
Adopting a Bitcoin-only US crypto reserve is the best approach, say Coinbase and Gemini CEOs Brian Armstrong and Tyler Winklevoss.
African nations very frequently hold strategic stores of commodities, a reserve of Bitcoin could be a more functional strategy.
The announcement comes as the regulator is expected to be more friendly to crypto under President Donald Trump.