XRP Designated as a Strategic Asset by SEC: A New Era for Digital Economy

Published at 2025-05-05 20:01:18
XRP Designated as a Strategic Asset by SEC: A New Era for Digital Economy – cover image

In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has officially designated XRP as a 'Strategic Asset for the U.S.' This pivotal decision highlights a notable shift towards integrating digital assets into the United States financial framework. On March 2, 2025, during a press conference, President Donald Trump unveiled the creation of a U.S. Crypto Strategic Reserve. In this announcement, he specifically named XRP, along with prominent cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA), as essential components of this reserve.

This initiative is geared towards strengthening the nation’s stance in the rapidly evolving digital economy, signaling the government's intention to harness the potential of cryptocurrencies comprehensively. As crypto gains further legitimacy, platforms such as Bitlet.app are paving the way for more accessible investments in these digital assets. Among its unique offerings, Bitlet.app provides a Crypto Installment service, allowing users to buy cryptocurrencies now and pay monthly. This flexibility is vital for newcomers and seasoned investors looking to navigate the growing crypto landscape.

Share on:

Related news

Russia Mulls Legal Framework for Stablecoin Payments, Bans Crypto Payments

Russian authorities are considering legalizing payments with fiat‑pegged stablecoins while moving to prohibit traditional cryptocurrencies for payment use. Stablecoin transactions could be governed by a dedicated legal framework to follow broader crypto legislation.

Published at 2026-03-04 11:01:08
Ex-OpenAI Researcher’s Hedge Fund Makes $5.52B Bitcoin Mining Bets

Leopold Aschenbrenner’s Situational Awareness LP disclosed $5.52 billion in equity exposure concentrated in power infrastructure, data centers and Bitcoin mining companies, an SEC filing shows. The rapid build-up in under a year signals rising institutional conviction in mining and related infrastructure.

Morgan Stanley: US Stocks Likely Hold Despite Iran Tensions; Crypto Could Follow

Morgan Stanley says the U.S. equity rally should withstand rising Iran tensions so long as crude stays stable, a view that could matter for crypto if risk-on flows persist. A sharp, sustained oil spike remains the main threat to markets.

Investors Flee to Cash as Iran Crisis Rattles Markets

Rising tensions in Iran pushed global investors into cash, compressing demand for gold, bonds and stocks while volatility spiked. Cryptocurrencies including DASH saw muted flows as traders prioritized liquidity.

Published at 2026-03-03 19:30:25
Marathon May Sell Bitcoin Holdings After Strategy Shift

Marathon Digital (MARA) signaled in an SEC filing it may increase Bitcoin sales under a revised strategy, moving away from a pure accumulation stance. The change could influence market liquidity and short-term price dynamics.

Published at 2026-03-03 16:45:44