One of the most talked-about ideas under Trump’s new administration is establishing Bitcoin as a strategic reserve asset for the United States. James Butterfill, head of research at CoinShares, explains that the proposed plan would see the U.S. government acquire up to 5% of Bitcoin’s total supply. This move aligns with Trump’s earlier pledge to make the U.S. “the crypto capital of the planet” by creating a Bitcoin reserve.
Butterfill notes that treating Bitcoin like gold in the national reserve would bring it to new levels of legitimacy and stability, positioning it as a significant financial asset for the country.
Crypto-Friendly Regulation Coming??
Trump’s stance on the U.S. Securities and Exchange Commission (SEC) could play a big role in shaping the crypto market. He has previously criticized the SEC’s strict approach under Gary Gensler, calling for friendlier policies on digital assets.
With his election, experts believe we may see changes in SEC leadership that support crypto growth. These potential changes could bring significant benefits to the crypto industry, especially for U.S.-based firms like Coinbase and Galaxy Digital.
