31-7-2025 – The White House has officially acknowledged the U.S. is accumulating Bitcoin for a Strategic Bitcoin Reserve, as detailed in its 160-page Crypto Report. The report marks the first formal recognition of Bitcoin as “digital gold,” with the reserve alongside a broader U.S. Digital Asset National Stockpile, both capitalized by assets seized in criminal and civil proceedings.
Bo Hines, Executive Director of the U.S. Crypto Council, emphasized the reserve’s significance in a press briefing, stating the administration aims to amass as much Bitcoin as possible without disclosing current holdings. The report outlines a shift from enforcement-heavy policies to a proactive regulatory framework, aiming to position the U.S. as the global leader in digital assets.
It includes recommendations for stablecoin regulation, market access, and banking integration, signaling a departure from past regulatory uncertainty that drove crypto firms offshore. The initiative aligns with President Trump’s vision to make the U.S. the “crypto capital of the world,” supported by legislation like the Clarity Act and the recently passed GENIUS Act for stablecoins.
Hines invited crypto companies to return, promising a more open financial system with increased Federal Reserve cooperation. The reserve’s creation has sparked debate, with some economists questioning its strategic value, while others see it as legitimizing crypto as a national asset.
