Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Analyst: Trump's crypto reserve plan requires a long approval process, and the rise may be temporary
2025-03-03 12:58:22

Odaily News The cryptocurrency market surged after U.S. President Donald Trump announced a potential strategic crypto reserve, but Aurelie Barthere, chief research analyst at blockchain analysis firm Nansen, said that the rise may be temporary due to the lengthy approval process required to establish a U.S. cryptocurrency reserve. He said: "I think that establishing a reserve by purchasing new tokens is a complex process that requires a vote in Congress and therefore takes time. I am a little concerned about the sustainability of today's move." (Cointelegraph)