Trump claims to be a "crypto superfan," is Bitcoin expected to be included in the "Trump account"?

CN
2 hours ago
Trump supports Bitcoin, and the U.S. aims to become a global leader in cryptocurrency.

Written by: Micah Zimmerman

Translated by: AididiaoJP, Foresight News

U.S. President Donald Trump recently stated that Bitcoin could potentially be included in the newly launched "Trump Account" savings plan. He self-identified as a "super fan of cryptocurrency" in public, demonstrating his positive attitude towards the digital asset industry once again.

Trump made the statement during the launch ceremony of the "Trump Account" held in the Oval Office on Monday. At that time, he not only rang the opening bell at both the New York Stock Exchange and NASDAQ—marking the first time in White House history that bells were rung for both exchanges simultaneously—but also witnessed this significant moment alongside several heavyweight figures. This included Treasury Secretary Scott B. Bencet, Securities and Exchange Commission Chairman Paul Atkin, leaders from the NYSE and NASDAQ, as well as prominent figures in the technology sector, Michael Dell and his wife, who pledged over 6 billion dollars in funding to support the children's savings program.

When asked if the "Trump Account" would include Bitcoin, Trump did not provide a specific timeline, but he clearly signaled openness. "Yes, something could happen," he replied and took the opportunity to elaborate on his changed attitude towards cryptocurrency.

Trump stated, "I am now a super fan of cryptocurrency. The only reason I became a firm supporter of cryptocurrency is that if we don't seize it, China will get ahead of us; they really want to dominate this space. But now they are not trying very hard because we have already dominated cryptocurrency, and I am a fan of it."

He also recounted his transformation: "Initially, I did not understand this field. During the first half of my first term, I didn't participate much, just occasionally paying attention. But later I found that there are a lot of people who are very passionate about cryptocurrency. As a businessman, I also saw a significant amount of money flowing into the Bitcoin market."

Trump emphasized that the scale of Bitcoin usage has reached a level that "no one truly understands." He repeatedly linked this issue to the Sino-U.S. competition, believing that the U.S. must maintain its lead in the digital asset sphere; otherwise, it would fall behind its rivals.

At the same event, Trump also discussed other topics. He stated that the U.S. is leading China in the field of artificial intelligence, thanks to his open policy on energy permits for data centers, while he criticized renewable energy forms such as wind power. Additionally, he confirmed that he had a conversation with FIFA President Gianni Infantino regarding the red card suspension of American player Folarin Balogun, stating that the FIFA independent committee eventually lifted the ban, although this decision sparked dissent from countries like Belgium.

What is the "Trump Account"?

The "Trump Account" is a tax-advantaged investment account established under the "Great American Plan" signed by Trump in 2025, also known as a 530A account. The program will officially launch on July 4, 2026, with each account set up for children, where the government will deposit a one-time seed fund of 1,000 dollars for eligible children. U.S. citizen children born between January 1, 2025, and December 31, 2028, can receive federal funding, with families allowed to add a maximum of 5,000 dollars annually. The funds will be locked until the child turns 18, at which point the account will automatically convert to a traditional individual retirement account.

This program aims to help the younger generation accumulate wealth while injecting long-term capital into the U.S. capital markets. Significant donations from tech figures like Michael Dell and his wife further highlight the program's attractiveness.

Continuation of Trump's Policies in the Cryptocurrency Field

Trump's latest statements are in line with the crypto-friendly policies established since his second term. In March 2025, he signed an executive order officially establishing the U.S. strategic Bitcoin reserve and digital asset reserve, requiring the government to no longer sell the Bitcoin it holds through forfeiture and other means. At that time, the U.S. government held over 207,000 Bitcoins, valued at nearly 17 billion dollars.

In July 2025, he signed the "Genius Act," which is the first significant federal cryptocurrency legislation in the U.S., establishing a regulatory framework for payment stablecoins. Additionally, his administration relaxed enforcement by predecessors at the Department of Justice and the Securities and Exchange Commission and lifted some restrictions on banks participating in crypto activities. Currently, the broader market structure bill, the "Clarity Act," is still under congressional review.

Trump's public support for Bitcoin entering children’s savings accounts not only further boosts market confidence but also clearly conveys the determination of the U.S. to dominate the global cryptocurrency space. Against the backdrop of Sino-U.S. technological competition, this signal holds significant meaning for the entire industry. In the future, whether Bitcoin will truly be included in the "Trump Account" and the speed of related policy implementation will become the ongoing focus of market attention.

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