Explained: Trump's Proposal for a National Stockpile of Digital Assets
Once a crypto critic now a full blown “crypto president”, 78-year-old Donald Trump has come a long way since his last term as United States president. After securing a thumping victory against Kamala Harris in 2024 presidential elections, Trump wasted no time taking key decisions and one of them is creating a national stockpile of digital assets including Bitcoin.
In January 2025, President Donald Trump authorized an executive order to develop a national digital asset reserve that stands as part of the national strategy to sustain American dominance in the fast-developing digital economy. Through the executive order, Trump administration intends to introduce critical programs to defend economic freedom and advance innovation and safeguard national financial independence.