President Trump indicates the U.S. is considering Bitcoin accumulation but defers to SEC Chair Paul Atkins for guidance.
President Donald Trump revealed that the U.S. administration has discussed accumulating Bitcoin but has not finalized any plans. Speaking at a White House event with tech leaders, Trump stated he would rely on SEC Chair Paul Atkins and his team for recommendations on the matter.
Trump noted that cryptocurrencies had alleviated some pressure on the U.S. dollar, describing their impact as positive. However, he stopped short of confirming any decision to increase government holdings of Bitcoin or other digital assets.
The remarks follow growing speculation about the U.S. government’s stance on cryptocurrency reserves amid global shifts in digital asset adoption.