Ripple and its co-founders, who had hoped for the US government to acquire XRP for a sovereign crypto reserve, faced a major setback when an executive order signed by Donald Trump revealed that XRP would only be relegated to a sell-only stockpile. Trump had previously promised to include XRP in a Crypto Strategic Reserve but did not follow through. The US government is now only allowed to hold onto or sell XRP, not buy it. Other digital assets such as Solana, Cardano, and Ethereum can be included in the stockpile, along with Bitcoin (BTC), which is the only digital asset currently legal for US government buying. The executive order also created a BTC-only Bitcoin Strategic Reserve, which will be funded with BTC obtained from criminal and civil forfeiture proceedings. The US Treasury Secretary, Scott Bessent, appears to believe that altcoins may be included in the strategic reserve in the future, despite the explicit language of the document.



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