The United States could be heading toward a major shift in how it handles its digital asset strategy. Bo Hines, the Executive Director of the Presidential Digital Asset Advisory Committee, has spoken out about the country’s growing focus on Bitcoin. According to him, the U.S. needs to act fast and smart to build its Bitcoin reserve—and stay ahead in the global crypto race.
Bo Hines revealed that former President Donald Trump’s administration had laid down the foundation for a national Bitcoin reserve. This bold move is part of a bigger plan to turn the U.S. into a “crypto capital.” Trump’s vision, as explained by him, focuses on creating a strong crypto-economy that supports innovation while also helping the country manage its financial debt.
In support of this plan, He confirmed that the U.S. is now looking to increase its holdings. “We want as much as we can get,” He said, underlining the country’s urgent push to lead in the digital economy.
To build up the BTC reserve without increasing the burden on taxpayers, the government is exploring unique financial strategies. Some of the ideas include using revenue from tariffs or revaluing old gold certificates held by the government.
Bo Hines considered “Everything is on the table,” he said, showing how serious the administration is about making BTC a part of the national reserve.
One of Bo Hines most striking statements was his belief in the value of BTC as a national asset. He said that anything with strong store-of-value potential—like Bitcoin—should be gathered in the largest amount possible. “It’s no different with BTC,” he explained. Bo Hines even suggested that the goal should be to acquire an “infinite” supply of the coin to secure the nation’s financial future.
This policy is gaining support from major financial players. Asset management giant Franklin Templeton has recently backed the idea of a U.S. Bitcoin reserve. The firm believes that holding BTC could help America deal with its long-standing debt problems.
He also noted that the U.S. is leading the world in crypto adoption, with other countries watching closely. Trump’s executive order to start a reserve has already inspired countries like Russia to consider similar moves. He believes this will soon become a global trend, with the U.S. setting the pace.
The U.S. government’s plan to create and expand a BTC reserve is shaping up to be a major step in crypto history. With leaders like Bo Hines and support from big institutions, America seems ready to dive deeper into the world of BTC—possibly changing the future of finance along the way.
Also read: CEX.IO Power Tap Daily Quiz Answer Today 16 April 2025: Win Big!Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.