Trump’s Bitcoin Push: A Million Coins on US Agenda

President Trump has signaled support for a plan to acquire one million Bitcoin over the next five years, advocating for stablecoin regulation as a crucial first step in this initiative. This plan aligns with a broader strategy aimed at fostering US dominance in digital assets and establishing Bitcoin as a core financial reserve for both government entities and corporations. Trump’s White House has assembled a dedicated team to manage these digital asset regulations, aiming for a phased implementation that begins with stablecoin legislation before expanding into broader market reforms. 100 million USD will be used for this plan, funded by existing resources from the Federal Reserve and Treasury Department.