On March 5, 2025, a significant event in the crypto world occurred: U.S. Secretary of Commerce Howard Lutnick hinted that the Trump administration is preparing to open a strategic reserve exclusively composed of bitcoins.
Introduction to Bitcoin Reserve Strategy
After the announcement of the crypto reserve by US President Donald Trump, Secretary of Commerce Howard Lutnick confirmed that Trump is seriously considering a reserve focused on bitcoin. He noted, 'The president is convinced of the importance of a strategic bitcoin reserve. The question now is how we will manage other cryptocurrencies. I believe the model will be announced on Friday during the summit.'
Key Summit for the Future of Cryptocurrencies
The crypto summit at the White House on March 7 will bring together iconic figures from the sector, including Michael Saylor, founder of Strategy, Sergey Nazarov, co-founder of Chainlink, and Brian Armstrong, CEO of Coinbase. This summit will address crucial questions such as funding of the reserve and legislative implications, with expectations concerning new regulatory proposals and the development of dollar-backed stablecoins.
Regulatory Initiatives and US Plans
Following this summit, the SEC will launch a series of round tables titled 'Spring Sprint Toward Crypto Clarity', organized by its Crypto Task Force. The first session will take place on March 21 in Washington, D.C., and will be open to the public. These initiatives highlight the Trump administration's desire to position the United States as a global leader in digital assets, strengthening its role in the global economy, despite congressional opposition.
These events reflect the US's ambition to fortify its position in the global economy, potentially making bitcoin a central part of its new reserve strategy.
