The U.S. government has announced a major shift in Bitcoin policy, signaling a broader integration of digital assets into national strategy. President Donald Trump has proposed the creation of a U.S. Crypto Strategic Reserve, which will include five major cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano. This initiative marks a significant departure from the previously cautious approach taken by regulators, reflecting a growing recognition of blockchain’s potential in cross-border transactions and financial innovation.
Bitcoin, often referred to as "digital gold," is viewed as a hedge against inflation, while Ethereum plays a crucial role in decentralized finance (DeFi). However, concerns persist about the risks associated with holding volatile digital assets, with critics warning that public funds could be at risk. Additionally, some question the rationale behind including lesser-known assets like Solana and Cardano, suggesting political or personal influences may have played a role in their selection.
Meanwhile, El Salvador has revised its Bitcoin policy, removing the requirement for businesses to accept the cryptocurrency. As part of a $1.4 billion loan agreement with the International Monetary Fund (IMF), the government will gradually scale back its involvement in the Chivo digital wallet.
These shifts highlight both the expanding role of Bitcoin in global finance and the persistent challenges surrounding its adoption.