If the government wants to encourage cryptocurrency innovation, "buying coins is actually a pretty lousy way of doing that," says one economist.

President Trump’s plan for a strategic crypto reserve has stirred mixed feelings within the cryptocurrency industry. The digital assets space has largely welcomed Trump’s mission to boost the industry,

President Donald Trump has announced plans to create a strategic crypto reserve, shifting gears from his earlier promise to stockpile Bitcoin. Trump’s cryptocurrency reserve will consist of Bitcoin, often referred to as “digital gold” for its ability to hedge against inflation,