Published on 10 Oct 2025
The U.S. President has announced the creation of a ‘Crypto Strategic Reserve’.
This marked a major policy shift by allocating part of national reserves to cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano.
The plan, aimed at enhancing financial stability and hedging against inflation, sparked a surge in crypto markets.
To fund this reserve, the U.S. may sell part of its gold reserves to buy 1 million Bitcoin (5% of total supply).
Only three countries—El Salvador, Bhutan (partially only), and the Central African Republic—currently recognize crypto as legal tender.
Both US and India allow buying and selling of cryptocurrencies but it is not a legal tender.
India has imposed a 30% tax on crypto income and 1% TDS on transactions, treating it as a virtual digital asset.
Crypto Strategic Reserve
cryptocurrency
financial stability
inflation
legal tender
virtual digital asset
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