Trump Signs Bill, Establishes U.S. Bitcoin Reserve
- Trump establishes U.S. Bitcoin reserve, signs significant crypto bill.
- Impacts DeFi regulations and attracts innovation.
- U.S. aims to lead in digital asset growth.
Main Content
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.
The initiatives aim to strengthen the U.S. crypto ecosystem, promising clarity and competitive advantage. Industry reactions anticipate increased innovation and investment.
Trump Introduces Strategic Bitcoin Reserve
President Trump signed an executive order to create a U.S. Strategic Bitcoin Reserve. The move supports national digital asset holdings, complementing the newly signed bill to eliminate IRS DeFi broker regulations.
Eric Trump proposed a policy for 0% capital gains tax on U.S.-issued cryptocurrencies. His role, although unofficial, highlights efforts to drive investment and innovation in the American blockchain sector. “We aim to attract blockchain innovation and investment to the United States.” – Eric Trump
DeFi Projects to Benefit from Regulatory Shift
The bill’s passage is expected to relieve regulatory burdens on DeFi projects, fostering a more favorable environment. This marks a shift in U.S. crypto legislation, potentially encouraging new market entrants.
The government’s decision to hold Bitcoin may influence global financial strategies and policies. Anticipation of the 0% capital gains proposal creates interest in U.S.-based crypto assets.
US Bitcoin Plan Mirrors El Salvador’s Strategy
The U.S. establishment of a Bitcoin reserve parallels El Salvador’s BTC acquisitions, spotlighting national-level engagement with cryptocurrency. Previously, deregulatory measures spurred fintech growth.
Analysts note potential outcomes may include increased investment and project growth. Historically, similar deregulatory actions have led to rapid advancements and innovation within respective industries.
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |