Part of Trump getting into office was a promise to build a strategic reserve of crypto for the government. Now the 100 day plan is often what many presidents come in with and it's things they want to get done in their first 100 days in office. This would put the 100th day at April 30th 2025. Which means the talks for getting a a strategic reserve should be coming fast. Part of that is an announcement that this will be one of the first things they work on in planning out. However there are still people that need to be put into office which is kind of crazy it takes so long. One starts to wonder how anything gets done in 4 years of presidency.

The Key Points

In a press conference recently a number of new people in the finance sector of the USA government are starting to outline their plans on what they are aiming to do. Let's break those down a bit and talk in detail about each.

Stable coins and Regulations

All of them are on board for creating a solid stable coin and market structure for legislation of these assets. It's clear that no CBDC will be made however the stable coin sector will still be a primary factor and we will most likely see a number of new companies release their own stable coins in the future.

In reality each bank could have their own stable coin which offers benefits to those that hold it over another bank such as higher interest rates etc. But that will all be worked out in time.

For now we are getting clear regulation on what is ok if you launch your own stable coin and once that happens it opens the framework for many more companies to start to work with it more. This should inject liquidity into the crypto sector.

Strategic Reserve

The plan is also to come up with a way to build a bitcoin strategic reserve for the government. Now personally while others are all giddy about this one I personally am not. I don't like the idea of governments holding vast amount of bitcoin and them holding it from enforcement actions. The idea so far is to simply hold on to the crypto assets that the government gets from raids etc by the FBI and other arms of the government. Not so sure I like the sounds of that.

The Battle

This stems from after 4 years (if not longer) of anti crypto behavior from the USA government. In which businesses have been debanked for dealing in crypto and no clear cut rules besides the SEC attacking everyone and taking them to jail over unclear rules and regulations.

The push now is to get those rules and regulations very clear so that businesses and even people can start using the assets in less fear of random people showing up at their door saying they are doing something wrong when really all they where doing was building and working with crypto finances.

The thought now is that everything will become digital in time and the USA wants to be at the front of it. The benefits of this at least for the USA is that the main regulation, trust and oversight would happen in the USA again brining businesses etc into the fold of the USA just like the USD and swift did for the trust and value of the USD used around the world which now has BRICS as competition.

Advancements So Far

The first is that a new bill has currently been put forth about stable coins into the house that is currently being reviewed and will be voted on.

The crypto taskforce headed by "crypto mom" is now live.

The clarity will help people and businesses be able to register the new assets with the SEC and have clear framework for that.

Trump Continues To Buy

While it's not really Trump directly the people in charge of World Liberty Finance just recently bought the dip due to Trump tariffs a total of 86,000 ETH was bought which is just staggering amounts of capital being thrown around.

This begs the question will 2025 be the year that we continue to moon shot? Because let's all be honest here bitcoin has already crushed the last ATH of $70,000 by a whopping $38,000 which is no small matter and continues to hold at these levels for a decent amount of time.

Posted Using INLEO