The Wall Street Journal

Trump’s Crypto Advisers Weigh Paths to a National Stockpile

The president wants bitcoin, ether and three tokens in a stockpile similar to the gold reserve

President Trump is expected to speak about crypto at a White House industry summit on Friday.
President Trump is expected to speak about crypto at a White House industry summit on Friday. Photo: roberto schmidt/Agence France-Presse/Getty Images

President Trump wants to build a federal cryptocurrency reserve. His subordinates are starting by counting up crypto the government already holds. 

The president said Sunday he wanted bitcoin, ether and three smaller tokens in a stockpile similar to the country’s gold reserve. That addressed one debate in the industry over whether such a stockpile should only hold bitcoin, the largest cryptocurrency by market value, or include more volatile assets.

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