U.S. Aims to Become the World's Leading Bitcoin Nation: White House Official Announces Strategic Reserves and Regulatory Reforms
Trump Administration Shifts Gears on Digital Assets
Bo Hines, Executive Director of the U.S. Presidential Digital Assets Advisory Committee, has declared that the United States will become the world’s top Bitcoin-centric nation. Hines highlighted key achievements under President Donald Trump, including the issuance of a digital asset executive order, hosting the first-ever White House crypto summit, and lifting banking access restrictions for crypto companies — marking a significant policy shift towards digital assets.
Bitcoin Reserve Program Launched: Recognizing BTC as ‘Digital Gold’
Hines revealed that the U.S. government has initiated a national Bitcoin strategic reserve program, officially recognizing Bitcoin as "digital gold." He stated, "Bitcoin is scarce and carries intrinsic value; we will secure as much as possible." He also confirmed that the reserve accumulation would be pursued in a budget-neutral manner, echoing traditional gold reserve management practices.
Regulatory Goals: Stablecoin and Market Structure Bills
Hines set out legislative goals to solidify the U.S. regulatory framework for digital assets, targeting the passage of both a Stablecoin Bill and a Digital Asset Market Structure Bill by August recess. “We plan to get both bills signed by the president before the recess, followed by a 180-day review to finalize a new regulatory framework,” he explained. These initiatives aim to establish the U.S. as the global leader in fintech innovation.
Balancing Privacy and Crime Prevention
Hines stressed the importance of balancing privacy rights with blockchain transparency. He asserted, “Digital assets actually make it easier to block illegal activity than traditional finance does,” while pledging to "enhance anti-crime measures without compromising financial privacy.”
A Three-Phase Regulatory Roadmap
Hines outlined a phased approach to digital asset regulation, noting that the U.S. is transitioning from a ‘dismantling phase’ of outdated rules to a ‘building phase’ for new structures. The next step, the ‘integration phase,’ will focus on embedding digital assets within the broader U.S. financial system, completing the country’s transformation into a digital asset innovation hub.
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