The past week in the crypto world was dominated by President Donald Trump’s announcement of a strategic U.S. cryptocurrency reserve. The move has sparked a flurry of reactions, with some questioning the inclusion of certain digital currencies and others calling for a Congressional investigation.
Here’s a recap of the top stories.
Schiff Questions Rationale for XRP Reserve
Renowned economist Peter Schiff expressed his confusion over the inclusion of XRP in the cryptocurrency reserve that was announced by President Trump. While Schiff acknowledged the rationale behind Bitcoin’s inclusion, he slammed the decision to include XRP, questioning its necessity.
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