January 2025

First US based crypto reserve

Trump is open to creating the first US-based crypto strategic reserve. Trump's choice for Treasury Secretary
President-elect Trump is reportedly open to creating a strategic reserve that prioritizes US-based coins such as **SOL, USDC, and XRP.
Trump mentioned BTC and ETH later, stating that these 2 would be at the heart of the reserve.
Trump vows to make US as the Crypto Capital of the World

March 2025

Executive order for Strategic Bitcoin reserve

Trump signed an executive order to establish a strategic bitcoin reserve.
The government owns about 200,000 bitcoin forfeited as a part of criminal or civil asset forfeiture proceedings.
The estimates suggest that top crypto holdings at less than approximately $25 billion worth of oil held in US strategic petroleum reserves.
Chainalysis, estimates that the government holds about $1.5 million worth of token, which has a market capitalisation of over $100 billion placing it among the top 200 crypto tokens by value.

White House hosts first Crypto Summit

U.S. strategic bitcoin reserve will become a digital Fort Knox - Trump at first cryptocurrency summit.
The Treasury Department and Commerce Department will explore ways to acquire additional bitcoin reserves, Trump added.
! Trump called bitcoin "digital gold."
Trump plans to zero out all taxes on bitcoin circulation.

OCC clarification for bank authorities

The Office of the Comptroller of the Currency (OCC) took action to reaffirm that a range of crypto currency activities are permissible in the federal banking system.
The banks can take crypto asset custody, certain stable coin activities, participation in independent node verification networks such as distributed ledger are permissible for national banks and federal savings associations.
Aims to reduce the burden on banks to engage in crypto related activities.

BHUTAN BECOMES BITCOIN SUPERPOWER

Only two nations officially invest in Bitcoin: 🇸🇻El Salvador and a tiny yet powerful crypto player—Bhutan
Bhutan holds over $1B in BTC (13,029 BTC), ranking 5th among nations.
The government strategically mines Bitcoin using renewable hydroelectric power.
A 600MW mining expansion by 2025 could make Bhutan a leader in green Bitcoin mining.

May 2025

US non bitcoin crypto holdings

2 national stockpiles

Trump directed the treasury to create 2 national stockpiles of crypto assets, putting digital currencies alongside gold, foreign currencies and other assets in the US reserve.

New Hampshire and Arizona leading the way

These state governors this month signed bills paving way for state crypto reserves.
Florida, Oklahoma, Wyoming, have rejected or postponed similar bills.

Being more volatile

One common concern is that cryptocurrencies are more volatile than many conventional financial assets.