U.S. Establishes Strategic Bitcoin Reserve, Boosts Crypto Regulation

's latest price was $, in the last 24 hours. The U.S. government has taken significant steps to integrate cryptocurrency into its financial framework, marking a pivotal moment in the digital asset landscape. President Donald Trump issued an executive order establishing a Strategic Bitcoin Reserve, which involves federal entities such as the SEC and CFTC. This directive aims to redefine regulatory approaches and enhance U.S. financial security, fostering innovation and stability in the digital asset space. The move is expected to boost market legitimacy and encourage more regulated trading and custody of digital assets.

The establishment of the Strategic Bitcoin Reserve is accompanied by comprehensive stablecoin regulations, which introduce new guidelines mandating full reserve backing. These changes position the U.S. for enhanced global participation in the crypto market. The GENIUS Act, which includes these regulations, is designed to secure America's financial leadership by promoting a more growth-friendly regulatory environment. This shift away from enforcement actions is expected to result in positive market activities and increased investments in regulated digital asset products.

The Federal Reserve has discontinued its special crypto oversight program for banks, reverting to a standard supervisory approach. This change, aligned with a Trump directive, aims to reduce dedicated scrutiny on crypto and fintech activities. The transition will lead to changes in how crypto activities are supervised by banks, potentially reducing compliance hurdles and encouraging more involvement in digital assets. This move could increase liquidity and bank involvement in the crypto industry, benefiting major digital assets and enhancing market stability.

The U.S. Justice Department authorized the seizure of more than $2.8 million in cryptocurrency, cash, and other assets from a suspected ransomware operator. Federal prosecutors unsealed six warrants tied to Ianis Aleksandrovich Antropenko, charging him with conspiring to commit computer fraud and abuse, committing computer fraud and abuse, and conspiracy to commit money laundering. The digital assets seized in the raid are expected to be added to the government’s growing crypto reserve, which is part of the U.S. national crypto reserve created by an executive order enacted by President Donald Trump in March.

American Bitcoin, a cryptocurrency mining company linked to the Trump family, is reportedly looking to acquire at least one publicly listed company in Asia to further its Bitcoin purchases. The company aims to follow the blueprint of Strategy, which has accumulated a significant amount of Bitcoin. American Bitcoin’s ambition is to build the strongest and most efficient Bitcoin accumulation platform in the world. The company was founded by two of US President Donald Trump’s sons, Donald Trump, Jr. and Eric Trump, and has started a Bitcoin treasury with plans to bolster its holdings through strategic acquisitions and investments.