In a groundbreaking move, the White House has announced the establishment of a U.S. Bitcoin reserve, signaling a shift in federal crypto policy. The initiative, backed by President Donald Trump, aims to position Bitcoin as a distinct reserve asset, setting it apart from other digital currencies.

200,000 BTC to Form Core of U.S. Reserve

A senior White House official confirmed that the Bitcoin reserve will begin with approximately 200,000 BTC, currently held by the U.S. government through past seizures. While this reserve is not yet part of an active investment program, the administration is exploring ways to expand it without relying on taxpayer funds.

In contrast, a separate stockpile will be created for other cryptocurrencies, but it will only include assets obtained through government seizures. The administration will conduct an audit to assess its total crypto holdings before transferring them to these new reserves.

Crypto Summit Welcomes Industry Leaders

The announcement coincides with a major crypto summit at the White House, where key executives from Coinbase, Ripple, Kraken, Gemini, Chainlink, and Robinhood have gathered. The event, scheduled for Friday afternoon, will feature discussions on regulatory policies and the future of digital assets in the U.S.

President Trump is expected to address the summit, elaborating on the executive order that established the Bitcoin reserve. This move is seen as a pivotal moment for the crypto industry, marking a shift from the regulatory uncertainty of recent years to a more welcoming stance from the U.S. government.

Congress Signals Strong Crypto Support

The legislative landscape for crypto has also seen a shift, with the Republican-led Congress showing increased support for digital assets. Recently, the Senate voted overwhelmingly to repeal a crypto tax rule introduced at the end of the Biden administration, highlighting the changing attitude towards the industry.

While the executive order establishing the Bitcoin reserve is not a permanent law, the administration has expressed interest in further legislative action to solidify this policy.

A New Era for U.S. Crypto Regulation?

The creation of a Bitcoin reserve and the engagement with industry leaders suggest that the U.S. is moving towards a more structured and favorable crypto policy. However, challenges remain, especially regarding how the government will manage its Bitcoin holdings and whether this approach will lead to broader crypto adoption at the federal level.

For now, the White House’s decision to give Bitcoin special status marks a significant shift in U.S. financial policy—one that could have lasting implications for the global crypto landscape.