GuShiio.com David Sacks, White House head of AI and cryptocurrency affairs, explained why Trump mentioned XRP, Solana and Cardano in a statement on the U.S. crypto strategic reserves. Sacks said that Trump only listed the top five cryptocurrencies with market value and did not need to over-interpret them. Sacks also said it was unclear whether the federal government held the tokens, emphasizing that the executive order already required a comprehensive audit of the government’s current digital asset reserves. In addition, the government may consider borrowing or pledging the crypto assets it holds, and the finance minister and his team can decide whether to conduct rebalancing, sales or other asset management operations based on long-term interests. (TheBlock)
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