President Trump pledges to make US the world’s crypto capital

President Donald Trump signed an executive order Thursday to create a national stockpile of bitcoin and other digital currencies, an audacious idea that has been widely criticized as a scheme to enrich crypto investors. The basis of the stockpile will be a stash of bitcoin, estimated to be worth as much as $17 billion, that the United States has seized in legal cases over the years. While addressing the first ever Digital Asset Summit, he made the bold statement on US’ crypto future.