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Trump’s US Strategic Bitcoin Reserve Still In Play, Director Reveals | Bitcoinist.com
Trump Reaffirms US Strategic Bitcoin Reserve Strategy
The Trump administration is continuing to pursue the creation of a US Strategic Bitcoin Reserve, signaling a continued push to cement America’s position in the global digital asset race. While mention of a Bitcoin reserve was limited in the latest federal digital assets policy report, Robert Bo Hines, the Executive Director of the White House Crypto Council, confirmed that the reserve is active and remains a central pillar of the administration’s digital asset strategy
Related Reading: Did The US Government Dump 170,000 BTC? Marshals Reveal Shocking Bitcoin HoldingsSpeaking in a recent interview hosted by Crypto In America, Hines explained that the US government established a Strategic Bitcoin Reserve in March and is also maintaining a broader national digital asset stockpile, not limited to the flagship cryptocurrency. He underscored that Bitcoin holds a unique and elevated status among other cryptocurrencies, recognized even by the government and institutions
While the US government has not disclosed specific figures, estimates from Nansen place current federal Bitcoin holdings at over 198,000 BTC, valued at approximately $22.8 billion. Hines notes that the Trump administration has not yet provided a timeline for further disclosures but indicated that BTC accumulation is ongoing and aligned with long-term infrastructure planning
He also expressed strong confidence in the government’s approach to BTC, suggesting that the public would be pleased with the direction in which the Bitcoin Reserve process is moving. The Trump administration also appears to be prioritizing clearer regulations for the crypto space. However, Hines emphasized that, for now, the primary focus remains on accumulating and building the nation’s BTC holdings
Crypto Policy Report Outlines Regulatory Priorities
In a report featuring the interview, Hines outlined broader policy efforts underway at the federal level, including the push for regulatory clarity, the implementation of the GENIUS Act, and the passage of the anti-CBDC Surveillance State Act, which aims to ban central bank digital currencies permanently. The Trump administration’s crypto report also emphasizes the creation of a consistent, legal, and operational environment for digital finance, potentially positioning the US as a leader in digital innovation
Related Reading: President Trump’s Meeting With Powell Yields Shocking Results, Fed Ready To Lower Rates?According to Hines, pending leadership changes have also been put in focus. President Trump nominated Brian Quintenz, the former CFTC Commissioner, as the next chairman of the independent US agency—a move that could significantly influence the regulatory approach towards cryptocurrencies. While the White House delayed the nomination, the decision is set to be part of a broader effort to align financial policy with evolving digital assets.