President Trump's plan to create a strategic reserve of digital coins has run into a significant roadblock – and it's called the US Congress, On The Money has learned.

The prospect of a federal strategic reserve is a major step in President Trump's vision to establish the U.S. as the crypto capital of the world and could be a game changer for the industry.

Some crypto executives have floated the idea of creating a specific tax to fund a reserve, such as taxing transactions involving the $27.6 trillion stablecoin market.

President Trump on Sunday named five cryptocurrencies under consideration for a new U.S. "strategic reserve," sending their values skyrocketing and partly reversing a recent slump. In a post on ...

Texas Senate Bill 21 (SB-21), establishing a Bitcoin and cryptocurrency strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor ...

President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial ...

The announcement comes months after reports of a federal strategic Bitcoin reserve, as some members of government advocated for Trump's administration to create a crypto reserve held by the U.S ...