Trump U.S. Bitcoin Reserve Starting with a public gathering in Michigan on April 30, President Donald Trump is inaugurating his second term with a strong pro-crypto agenda. The occasion not only marks his 100-day anniversary but also emphasises how quickly his government embraced the bitcoin industry.
Trump Launches U.S. Bitcoin Reserve
A fundamental campaign pledge was fulfilled in Trump’s first 100 days in office when he issued an executive order creating a Strategic Bitcoin Reserve. This solidifies Bitcoin’s place as a key financial instrument in the United States. Working closely with Commerce Secretary David Sacks, a crypto adviser.
The creation of the reserve was sped up with the assistance of Howard Lutnick. In an interview with Bitcoin Magazine, Lutnick stated, “We were able to help the President establish a Bitcoin strategic reserve.” This demonstrated the government’s determination to integrate Bitcoin into national policy. There are currently 200,000 Bitcoins in reserve.
Trump Backs Bitcoin, Blocks CBDC
The Trump administration has taken a historic step to classify Bitcoin as a commodity, alongside gold and oil, rather than as a security. Lutnick said this regulatory clarification will make compliance easier for cryptocurrency exchanges and investors. “Once you embrace the concept of commodity, you will see how beautiful that is,” he said.
Apart from the Bitcoin reserve, the government created another reserve specifically for other leading cryptocurrencies, including XRP, Ethereum, and Solana. Opposing centralized digital systems, Trump signed executive orders endorsing the acceptance of public blockchain networks and officially prohibiting their use. The creation of a U.S. central bank digital currency (CBDC).
Trump’s Crypto Push
The White House has also taken steps to engage personally with the bitcoin sector. David Sacks convened a Presidential Working Group on Digital Asset Markets following a high-level Crypto Summit to guide continuing blockchain policy and regulation.
Emphasizing their committment to the space, Trump and First Lady Melania unveiled the “LOVE” and “MELANIA” meme coins shortly before the January 20 inauguration. Their involvement in initiatives such as World Liberty Finance has spurred political debate since some Democrats question the goals and presentation of these projects.
Trump’s Digital Assets Focus
Early initiatives in his second term by Trump clearly show a turn toward realizing. Digital assets are crucial for national financial planning. His government appears determined to establish U.S. leadership in Web3 innovation, distributed finance, and cryptocurrencies.
