President Donald Trump has announced a new U.S. crypto strategy, including the establishment of a Strategic Bitcoin Reserve.
“Never Sell” Strategy Becomes Official
Trump stated that the U.S. adopts a 'never sell' strategy, meaning the Bitcoin in the reserve cannot be liquidated. This strengthens long-term asset commitment, fostering institutional adoption and regulatory clarity.
Seized Assets to Fund Reserve
The U.S. government plans to initially fund the reserve with approximately 198,100 BTC seized through criminal and civil cases. This may influence other countries' approaches to sovereign crypto holdings and raises questions about the role of government in asset seizure.
Dollar and Stablecoins: A Hybrid Approach
Treasury Secretary Scott Bessent assured that the U.S. dollar will remain the primary reserve currency, supported by stablecoins to strengthen the financial position. This approach may accelerate stablecoin adoption but raises concerns about financial stability and the role of traditional banks.
The new U.S. crypto policy could lead to significant market and regulatory changes, setting global standards in the digital asset space.
