#TrumpBTCTreasury Donald Trump, during his current presidency (as of June 2025), has taken a significantly pro-cryptocurrency stance. Here's a breakdown of his approach to Bitcoin and the US Treasury's involvement:
Trump's Stance on Bitcoin and Crypto:
* "Crypto Capital of the World": Trump has publicly stated his goal to make the United States the "crypto capital of the world," emphasizing the need to embrace digital assets for economic growth and technological leadership.
* Executive Orders: In his first week of his current term (January 2025), he signed an executive order to support the growth of the U.S. crypto industry, aiming for a lighter touch on regulation. A key part of this was the establishment of a "Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile" in March 2025.
* Personal Involvement & Endorsements: Trump has directly benefited from cryptocurrency investments, earning millions from crypto token sales (e.g., from World Liberty Financial). He also launched his own cryptocurrency, "$TRUMP" meme coin, shortly before his current inauguration, which saw significant gains.
* Appointments and Regulatory Shifts: His administration has appointed crypto-friendly regulators and has shown a move away from "regulation by enforcement" towards a more structured regulatory approach. This includes the repeal of SAB 121, enabling traditional financial institutions to offer custodial services for crypto assets.
* Opposition to CBDCs: Trump has reversed a previous executive order (from the Biden administration) and has banned a U.S. central bank digital currency (CBDC).
US Treasury and Bitcoin Holdings:
* Strategic Bitcoin Reserve: Under President Trump's March 2025 executive order, the US Treasury has established a "Strategic Bitcoin Reserve." This reserve is capitalized with Bitcoin that the Treasury has already acquired through criminal or civil asset forfeiture proceedings. The policy states that these BTC holdings will not be sold and will be maintained as reserve assets.
* Digital Asset Stockpile: US Treasury.
