Moscow is stepping up now that Washington has embraced bitcoin. Soon a Russian strategic reserve?
Moscow is stepping up now that Washington has embraced bitcoin. Soon a Russian strategic reserve?
Donald Trump sparked an uproar by announcing that the strategic reserve of bitcoins would also include other cryptocurrencies.
Donald Trump's announcement regarding the creation of a national cryptocurrency reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), has stirred reactions within the crypto industry. While this initiative aims to strengthen the position of the United States as a sector leader, Coinbase CEO Brian Armstrong believes that a reserve composed solely of Bitcoin would be the best option. Here's why.
Coinbase is aiming for a digital gold future: $10 trillion on the blockchain with Washington at the forefront. Armstrong: prophet or charlatan?
During the World Economic Forum in Davos in 2025, the idea of a strategic bitcoin reserve in the United States sparked a lively debate about the future of cryptocurrencies. This proposal, supported by President Donald Trump, was discussed during the session titled "Crypto at a Crossroads." Brian Armstrong, CEO of Coinbase, detailed this proposal to the delegates present in Davos, emphasizing the importance of holding assets that maintain their value over time. However, this idea was not universally accepted.
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COIN: A Founder's Story is a documentary directed by Emmy Award-winner Greg Kohs. It tells the story of the creation of Coinbase, the world's first publicly listed cryptocurrency company. The film follows Coinbase's founders, Brian Armstrong and Fred Ehrsam, from the beginning of their adventure to the company's listing on the stock exchange.
Scams, hacks, crackdowns, aggressive regularization… so many stories marring the crypto-sphere. When will these terrible nightmares end? No one has the answer yet. We might as well redouble our vigilance to avoid being fleeced by ill-intentioned project promoters like the scammers behind BALD.
“We don't need more digital currencies,” said Gary Gensler on CNBC. Is this why the SEC is targeting both Binance and Coinbase, which have hundreds of millions of crypto investors? In any case, the heads of these exchanges declare that they will respond to the SEC's attacks.
According to Brian Armstrong, CEO of Coinbase, China could benefit from the restrictive laws imposed by the United States on the cryptocurrency industry. “The United States and other democratic nations are facing digital systems promoted by an ambitious adversary, China,” he said.