The US Strategic Crypto Reserve signals a dramatic shift in the government’s stance on digital assets. It's impact is far reaching for the world.

The prospect of a federal strategic reserve is a major step in President Trump's vision to establish the U.S. as the crypto capital of the world and could be a game changer for the industry.

Crypto markets were mostly back in the red on Monday, with XRP, SOL, and ADA each suffering intraday declines of more than 10 percent after soaring the day before.