Inside Donald Trump's Plan To Become The 'Bitcoin Superpower'

Benzinga
昨天

Bo Hines, Executive Director of the President's Council of Advisors on Digital Assets, outlined the Trump administration's aggressive push to transform the U.S. into a global cryptocurrency leader during a recent discussion.

What Happened: In an interview with the Bitcoin Magainze, Hines detailed efforts to dismantle Operation Choke Point 2.0, establish a Strategic Bitcoin Reserve, and advance pro-Bitcoin BTC/USD legislation, marking significant steps in the administration's first 100 days.

Hines described Operation Choke Point 2.0, an alleged regulatory campaign that restricted crypto firms' access to banking, as a form of "lawfare" that stifled innovation.

He noted that a first-week executive order set the tone, creating an interagency working group to reverse these policies.

The Securities and Exchange Commission has since dropped key lawsuits, and banking regulators have issued guidance to ease restrictions on crypto businesses, signaling a shift toward a crypto-friendly environment.

The Strategic Bitcoin Reserve, formalized by a March 6 executive order, aims to position the U.S. as a "Bitcoin superpower." Hines emphasized Bitcoin's uniqueness, likening it to "digital gold" due to its finite supply and intrinsic value.

The administration is exploring budget-neutral acquisition strategies, such as using tariff revenues, to accumulate Bitcoin without taxpayer costs.

Also Read: Eric Trump Advocates For Crypto, Says Banks Need To Evolve Or Face Irrelevance

Why It Matters: Treasury officials are currently auditing existing government-held Bitcoin to lay the groundwork for further accumulation.

Hines also highlighted legislative goals, aiming to deliver stablecoin and market structure bills to President Trump's desk by August 2025.

Start Your Crypto Journey Today and Get $500 in Rewards
Exclusively for new Crypto.com App users, unlock up to $500 worth of rewards in the most popular tokens when you start trading.

These measures, expected to gain bipartisan support, seek to provide regulatory clarity and foster innovation.

The administration's three-phase plan, demolition of restrictive policies, construction of new laws, and integration of blockchain into financial systems, underscores its commitment to revolutionizing U.S. financial technology.

The White House hosted its first-ever Crypto Summit, engaging industry leaders to inform policy decisions.

Hines, who developed an interest in Bitcoin after playing in the 2014 Bitcoin Bowl, stressed the importance of financial privacy and transparency offered by blockchain.

He rejected claims that digital assets enable more illicit activity than traditional finance, citing public ledgers' traceability.

Hines credited President Trump's leadership and private-sector advisors like David Sacks for the administration's rapid progress.

He expressed confidence that these initiatives will cement the U.S. as the "crypto capital of the world," reshaping how Americans interact with money.

Read Next:

  • Strategy Buys 15,355 Bitcoin For $1.42 Billion, Year-To-Date BTC Yield Hits 13.7%

Image created using artificial intelligence with Midjourney.

Loading...
Loading...
$BTCBitcoin
$94000.10-0.29%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
91.84
Price Trend
Short
Medium
Long
Overview
Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10