President Donald Trump announced plans for the creation of a cryptocurrency strategic reserve on March 2 in a post on Truth Social, fulfilling a campaign pledge to turn the United States into “the crypto capital of the world.”
During the 2024 election campaign, Trump fully embraced bitcoin and the wider cryptocurrency industry, advocating for pro-crypto policies. Shortly after returning to the White House, the president signed an executive order to promote U.S. leadership in digital assets and financial technology.