Trump praised Bitcoin in a post, suggesting that the US may strengthen its Crypto Assets strategic reserves?



President Trump shared an iconic Bitcoin video on the Truth Social platform on July 21, sparking widespread speculation in the market about his Crypto Assets policy.

This video of the testimony given by Peter Van Valkenburgh, the research director of Coin Center, at the Senate hearing in 2018 was praised by Trump as "the greatest Bitcoin explanation of all time."

In the video, Valkenburgh defines Bitcoin as "the world's first public digital payment infrastructure," emphasizing its important significance as a breakthrough in computer science and believing that its impact on human freedom is comparable to the birth of the internet.

This statement comes just after the key timeline set by Executive Order 14178 signed by Trump earlier this year. The executive order requires the digital assets working group to submit crypto assets legislative proposals within 180 days, with the final report scheduled for release on July 22.

According to rumors circulating on platform X, an upcoming document will disclose the federal government's Bitcoin holdings and include them in the strategic reserves under the executive order dated March 7. The document is also expected to propose a "budget-neutral" plan to expand the reserves without imposing additional tax burdens on taxpayers.

In addition, the Trump administration has been active in the Crypto Assets sector recently. Not only did it sign the first federal regulation on stablecoins, the "GENIUS Act", but the House of Representatives is also advancing the "CLARITY Act" and the "Anti-CBDC Surveillance National Act", all aimed at jointly shaping a new framework for US Crypto Assets regulation.

In summary, Trump’s high-profile endorsement of Bitcoin Classic discourse on the eve of the release of key policy reports is by no means coincidental. This is both a continuation of his March "prohibition on the sale of strategic reserves" policy and suggests that the United States may incorporate Bitcoin into the top-level design of its national digital financial infrastructure.

At the same time, with the implementation of the "GENIUS Act" and the expansion of CFTC powers, a blueprint for U.S. Crypto Assets hegemony composed of "Bitcoin reserves + stablecoin system" is gradually becoming clear.

However, whether the U.S. government will hold Bitcoin in the long term or only use it as a transitional tool will also affect the competitive landscape of global digital currencies.

#特朗普 # Bitcoin Strategic Reserve #GENIUS Act
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