The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.

Donald Trump’s recent endorsement of stablecoin legislation and executive order creating a U.S. Bitcoin Reserve might raise an important question: Are these signs of a sincere commitment to financial innovation,

President Donald Trump said Friday that he’s committed to making the U.S. a world leader in cryptocurrencies as industry leaders heaped praise on him for reversing what they said had been unfair attacks on digital assets by the previous administration.

Trump welcomed a wide range of industry players including Zach Witkoff, one of the founders of the president’s own crypto business, World Liberty Financial, his social media pos

The summit came a day after Trump issued an Executive Order announcing the creation of a federal Bitcoin reserve.