Bitcoin News Today: Trump's 73% Crypto Holdings Drive Pro-Crypto Policy Shift

Donald Trump, who previously dismissed Bitcoin as a “scam,” has now become one of the most vocal proponents of cryptocurrency in the United States [1]. During a recent public address, he labeled the traditional financial system as “broken” and positioned digital assets as the “solution.” This marks a dramatic shift in tone from the , who once questioned the legitimacy and long-term value of crypto [2]. The reversal has sparked debate over whether the change is ideological or financially motivated, given new revelations about Trump’s significant personal crypto holdings.

The administration has moved quickly to back this rhetoric with action. On August 7, the President signed an executive order that permits 401(k) retirement accounts to include cryptocurrencies and private equity investments alongside traditional assets [1]. This policy change represents a significant step toward mainstream acceptance of digital assets within the U.S. financial framework. Supporters argue it offers investors new opportunities for wealth growth, while critics warn of the risks associated with the volatility of the crypto market [1]. The move is part of a broader effort to align U.S. regulatory structures with the growing global presence of digital assets.

Further fueling speculation about Trump’s motivations is a recent report from Accountable.US, which estimates that 73% of Trump’s net worth—approximately $11.6 billion of a total $15.9 billion—is now held in cryptocurrency [1]. Additionally, a family-linked venture, World Liberty Financial, is reported to be building a $1.5 billion crypto treasury through a partnership with ALT5 Sigma Corporation [1]. These financial developments underscore the potential scale of Trump’s personal stake in the crypto market and may explain the White House’s sudden pivot toward pro-crypto rhetoric.

The legislative landscape is also shifting, with Congress debating the Responsible Financial Innovation Act of 2025—a bipartisan bill aimed at formalizing a federal regulatory framework for crypto. However, the bill faces resistance from lawmakers who fear it may weaken the Securities and Exchange Commission’s oversight role [1]. Senator Elizabeth Warren has separately proposed a stricter regulatory framework, calling for enhanced controls to prevent misuse and protect investors. The tension between regulatory oversight and industry growth remains a central issue in the evolving debate.

Taken together, these developments signal a pivotal moment in the U.S. approach to cryptocurrency. For the first time, the White House is not only acknowledging the significance of digital assets but positioning them as a core element of its economic vision [1]. Whether this translates into a stable policy environment remains to be seen, but the confluence of political, legislative, and personal financial factors suggests that crypto’s role in the national economy is expanding.

Source: [1] Coin - [https://coinedition.com/donald-trump-who-once-called-bitcoin-a-scam-now-says-crypto-is-the-solution/](https://coinedition.com/donald-trump-who-once-called-bitcoin-a-scam-now-says-crypto-is-the-solution/)

[2] CryptoRank - [https://cryptorank.io/news/tag/donald-trump](https://cryptorank.io/news/tag/donald-trump)