In a bold move that could reshape the cryptocurrency landscape, the U.S. President is reportedly preparing to sign an executive order to protect access to BTC and digital assets. If enacted, this groundbreaking policy will redefine the relationship between digital assets and the U.S. financial system.
Bitcoin Enters Political Spotlight
Bitcoin has officially taken the high ground, as U.S. President Donald Trump prepares to sign an executive order banning banks from refusing service to Bitcoin and cryptocurrency-related companies. This move signals a major shift in U.S. policy and ends years of financial censorship against the cryptocurrency industry.
Theo Henry, a cryptocurrency enthusiast, with this upcoming decree, the cryptocurrency industry seems to be receiving serious respect from the White House, after years of regulatory instability and political pushback. In the coming days, Henry believes positive developments are ahead, particularly concerning Federal Reserve Chairman Jerome Powell. This attention from the highest levels of government could shake the entire market and spark a wave of interest and volatility among institutions.
If this happens, it will not only be good news but also a turning point. It will act as a crucial catalyst for BTC and open the door for cryptocurrency businesses to access traditional financial services, which are essential for growth.
Bitcoin is increasingly being recognized as one of the highest forms of government in the world. According to a recent post from Bitcoin Indonesia, Indonesian Vice President Gibran Rakabuming Raka is considering the possibility of adding Bitcoin to the national reserves. This move represents a bold step towards integrating digital assets into the national financial system.
If implemented, Indonesia will become one of the first major economies in Asia to officially recognize BTC as a reserve asset, signaling a shift in how governments hedge against inflation, currency risk, and geopolitical instability. Global attention is increasingly focused on the adoption of cryptocurrency at the state level.
Bhutan Government Transfers $59.2 Million in BTC
Several countries are entering the global BTC market at a rapid pace. In a notable and quietly executed move, the Bhutanese government transferred 517 BTC, worth approximately $59.2 million, to a new cryptocurrency wallet. This significant BTC transfer, reported by Crypto Rover on X, has sparked speculation among analysts and the cryptocurrency community about potential changes in custody or strategic moves.
The Kingdom of Bhutan in the Himalayas has always maintained a humble attitude in the world of sovereign cryptocurrency holdings, making it one of the most discreet yet dynamic countries in the digital asset space. This recent move may indicate a shift towards enhancing security and BTC reserve measures.