Trump’s New Crypto Plan Skips Mentioning a Bitcoin Reserve. Why?

The White House just released its latest crypto report, but there’s a key thing missing: any mention of a strategic Bitcoin reserve. Despite growing calls for the U.S. to consider holding BTC as a national asset, the report stays silent on the idea.

So, why was it left out? 

Trump’s “Golden Age of Crypto” Vision 

President Trump’s administration is moving quickly to position the US as a global leader in digital assets. The newly released White House review outlines an ambitious plan to support crypto adoption, encourage innovation, and bring regulatory clarity to the space.

Two major bills are part of this strategy: 

• The GENIUS Act, which focuses on stablecoin regulation
• The CLARITY Act, aimed at clear rules for the broader crypto industry. 

However, the proposal doesn’t include any reference to creating a government-held Bitcoin or digital asset reserve, which is a move many in the crypto space have been waiting for. There are growing speculations on X as many expect a Bitcoin dip after the White House’s silence on the matter. Bitcoin is currently trading above the $118k level. 

Pushing for Regulatory Clarity

Trump’s team is laying out a bold new crypto playbook, starting with a clear call for the SEC and CFTC to step up. They are urging regulators to clear the fog around digital asset trading by giving guidance on things like registration, custody, and recordkeeping.

This is all critical for improving trust and transparency in the sector. 

DeFi and Banking Access in Focus

There is also strong support for DeFi integration into traditional finance. The plan recommends tools like safe harbors and regulatory sandboxes to speed up innovation and bring new financial products to market without red tape.

Furthermore, after the backlash over “Operation Choke Point 2.0,” the plan calls for more transparency on how crypto firms can get access to banking and clearer capital rules. The group is also pushing for clearer rules on how crypto companies can get bank licenses and how banks should handle crypto-related risks.

Stablecoins also get a major boost. The report backs quick implementation of the GENIUS Act, recently signed by Trump, and calls USD-pegged stablecoins a way to strengthen the dollar’s global role. As for CBDCs, the plan supports banning them outright with the Anti-CBDC Surveillance State Act.

The Working Group Eyes Tax Clarity

The President’s Working Group is urging the Treasury and IRS to revisit old tax guidance on crypto, especially around mining, staking, and small transactions. There is also a call to clarify how the corporate alternative minimum tax (CAMT) applies to digital assets.

Even though a Bitcoin reserve isn’t part of the plan for now, the direction is clear. The White House is embracing clearer crypto regulation, stablecoin adoption, DeFi integration, and updated tax guidance.

A more detailed report on the administration’s full crypto strategy is expected soon.