Trump Signals Bitcoin Interest for New Savings Accounts, Calls Himself 'Big Fan of Crypto'
Donald Trump is now signaling openness to including Bitcoin in his new "Trump Accounts" savings program. He stated he's become a "big crypto guy" and a "fan," citing competition with China as a key motivator. This marks a significant shift in his public stance on digital assets.
Donald Trump is now signaling openness to including Bitcoin in his new "Trump Accounts" savings program. He stated he's become a "big crypto guy" and a "fan," citing competition with China as a key motivator. This marks a significant shift in his public stance on digital assets.
Pressed on whether Bitcoin would be added, Trump didn't commit to a timeline but emphasized his evolving view, saying, "If we don't have it, China is going to have it." He believes the U.S. has "taken over crypto" and sees its growing popularity among voters and business.
Trump highlighted that Bitcoin is being used "at levels that nobody…understands really," underscoring its perceived power. His administration has previously taken steps like establishing a Strategic Bitcoin Reserve and signing the GENIUS Act for stablecoins.