Crypto needs policy change more than Bitcoin reserve — Execs

Crypto executives are still waiting for detailed guidance from the White House on issues like securities regulation and taxation.

The cryptocurrency industry will benefit more from US regulatory clarity than from President Donald Trump’s plan to create a national Bitcoin (BTC) reserve, several cryptocurrency executives told Cointelegraph. 

Trump’s March 6 executive order creating a US strategic Bitcoin reserve and a separate digital asset stockpile for altcoins left crypto industry executives underwhelmed. 

Meanwhile, they are still waiting for the White House to provide detailed guidance on issues like securities regulation and taxation, the executives said. 

Read more