Trump Administration Advances Pro-Bitcoin Policies in First 100 Days

David Sacks, the White House’s AI and crypto czar, made significant remarks at the Bitcoin 2025 conference in Las Vegas on Tuesday, highlighting the Trump administration’s proactive approach to reshaping U.S. crypto policy. Sacks emphasized the administration’s commitment to reversing years of perceived regulatory hostility and delivering on campaign promises within the first 100 days.

During an interview with Gemini co-founders Cameron and Tyler Winklevoss, Sacks pointed out several pro-Bitcoin actions taken by the Trump administration since assuming office. These actions include the establishment of a Strategic Digital Asset Reserve, which suggests that the government could purchase more Bitcoin. Sacks clarified that if the acquisition can be done in a budget-neutral way, specifically if the Commerce Department or the Treasury Department can figure out how to fund it without adding to the debt, then the government is allowed to create such programs.

Despite the executive order stating that the reserve would be funded by Bitcoin already owned by the U.S. Department of the Treasury, which was forfeited as part of criminal or civil asset forfeiture proceedings, Sacks indicated that the executive order establishing the strategic Bitcoin Reserve does allow the government to purchase more Bitcoin. He suggested that if the Commerce Secretary or the Treasury Secretary can find a way to fund the purchase without a new tax or adding to the debt, the government could potentially acquire more Bitcoin.

Sacks also detailed other key actions taken within the first days of President Trump’s term. On the President’s first full day in office, he pardoned Ross Ulbricht. Two days later, he signed a week-one executive order to promote U.S. leadership in digital assets. This order prohibited Central Bank Digital Currencies (CBDCs), ended Operation Choke Point 2.0, and created the President’s Working Group on digital assets.

In addition to listing pro-Bitcoin policies, Sacks highlighted the administration’s moves against what he described as the crypto industry’s most aggressive adversary, Senator Elizabeth Warren. He mentioned that the administration defunded the Consumer Financial Protection Bureau (CFPB), which he referred to as Senator Warren’s personal regulatory agency. He also noted that the stablecoin bill and the Genius Act are about to pass, and a market structure bill likely will follow before August to enshrine new rules into law, ensuring a future Gary Gensler can’t unwind them.

Sacks called Bitcoin the financial system of the future and emphasized the critical role of energy infrastructure in powering both AI and crypto innovation. He noted that both AI and Bitcoin require significant amounts of energy. He called for a major expansion of U.S. energy production to meet the growing demands of both AI and crypto, stating that the President’s push for increased oil and gas production in the U.S. is a crucial part of this effort.

Looking ahead, Sacks expressed optimism about the momentum already underway in crypto regulation and the potential for lasting impact. He noted that the administration has only been in office for about four months and has over three and a half years left to accomplish significant changes. He expressed confidence in the incredible accomplishments that the crypto community will achieve with Bitcoin, stating that their efforts will be “to the moon.”