Since President Trump proposed the idea of creating a strategic reserve of Bitcoin at The Bitcoin Conference in Nashville last summer, government officials around the world have begun proposing legislation for their own country to adopt it as well, and have discussed the potential feasibility of adopting one. Now, it is officially happening, after Trump announced on his Truth Social channel that there will be a U.S. strategic reserve of BTC.
U.S. Commerce Secretary Howard Lutnick stated today that he thinks President Trump is going to move forward with these plans at the White House’s Digital Assets Summit this Friday. As President Trump and the United States continue to embrace Bitcoin, other nations paying attention like Belarus are following suit as nation state adoption accelerates.