Trump signs executive order to advance crypto plans
President Trump’s executive order aims to strengthen the U.S. cryptocurrency sector by exploring a strategic Bitcoin reserve and establishing regulatory frameworks to support innovation and protect industry players.

President Trump signed an executive order to support the cryptocurrency industry.
A digital asset working group will explore creating a U.S. Bitcoin reserve.
The proposal leaves questions about the legal process and future Bitcoin purchases.
In a significant move for the cryptocurrency industry, President Donald Trump signed an executive order on Thursday aimed at bolstering the United States' position in the digital asset space. The order, which lays the groundwork for creating a strategic Bitcoin reserve and developing comprehensive regulations for the sector, signals the administration’s commitment to innovation while providing legal protections for key players in the industry.
The executive order includes the establishment of a digital asset working group tasked with evaluating a national cryptocurrency stockpile. The working group, which is expected to submit its findings by July, will focus on developing criteria for the reserve, which could potentially be sourced from cryptocurrencies seized by federal authorities. This proposal has garnered attention from market participants, although some expressed disappointment over the lack of immediate action on acquiring Bitcoin for the reserve.
“The digital asset industry plays a critical role in innovation and economic development in the United States, as well as our nation’s international leadership,” the order states, underscoring the administration’s recognition of cryptocurrency’s growing importance. The plan includes a focus on creating technological infrastructure and regulatory frameworks to foster the sector’s growth domestically.
In addition to the strategic reserve proposal, the executive order details protections for blockchain developers and miners, ensuring that individuals and private companies engaged in cryptocurrency activities are shielded from “persecution.” This provision seeks to encourage private sector involvement and innovation within the U.S. cryptocurrency ecosystem.
The order, which was greeted positively by the digital asset market, saw Bitcoin’s price surge by 1.4%, reaching $105,419. Other major cryptocurrencies, including Ether and Ripple, also saw gains following the announcement.
What is a strategic reserve?
A strategic reserve is a government stockpile of vital resources, set aside for use in times of crisis or disruption to the supply chain. A well-known example is the U.S. Strategic Petroleum Reserve, which was established in 1975 following the Arab oil embargo. The reserve serves as an emergency cushion to stabilize the energy market during geopolitical upheaval or natural disasters. The proposed Bitcoin reserve could play a similar role, acting as a hedge against market volatility or future economic disruptions.
How would a U.S. strategic Bitcoin reserve operate?
While the order has outlined the basic framework, it leaves many details to be determined. The working group will explore the feasibility of creating a cryptocurrency reserve from assets seized by federal authorities. As of now, the U.S. government holds approximately 200,000 Bitcoin, valued at approximately $21 billion at current market prices. However, it remains unclear what legal steps would be involved in transferring the assets from the Justice Department’s control.
The prospect of expanding the reserve through direct government purchases of Bitcoin has not been addressed in the executive order, leaving many questions unanswered. Nonetheless, Washington insiders and pro-crypto advocates are already pushing for a more aggressive approach to building a U.S. Bitcoin reserve.