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Trump’s ‘cyber summit’ gives digital currency new credibility with prominent US role

Ahead of White House session, US president signs order establishing ‘Strategic Bitcoin Reserve and United States Digital Asset Stockpile’.



US President Donald Trump hosted a crypto summit at the White House, marking the first such event. Prior to the summit, Trump signed an executive order establishing a "Strategic Bitcoin Reserve and United States Digital Asset Stockpile," emphasizing the US's leadership in digital assets. The order highlighted Bitcoin as "digital gold" and aimed to leverage digital assets for prosperity. However, analysts cautioned about the volatility of Bitcoin.

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