President Donald Trump has signed a bill establishing a Strategic Bitcoin Reserve in the United States and eliminating IRS rules for DeFi projects.
President Trump Signs Bill in Washington
President Donald Trump signed a bill in Washington, D.C., initiating a Strategic Bitcoin Reserve and removing IRS DeFi broker rules in April 2025.
Trump Introduces Strategic Bitcoin Reserve
President Trump signed an executive order to create a U.S. Strategic Bitcoin Reserve, supporting national digital asset holdings and complementing the newly signed bill to eliminate IRS DeFi broker regulations.
DeFi Projects to Benefit from Regulatory Shift
The bill's passage is expected to relieve regulatory burdens on DeFi projects and foster a more favorable environment. This marks a shift in U.S. crypto legislation, potentially encouraging new market entrants.
The establishment of a Bitcoin reserve in the U.S. reflects strategies already employed by other countries like El Salvador and may lead to increased investment and innovation in the blockchain sector.