Former Trump administration crypto policy advisor David Bailey stated that there is still significant room for the U.S. government to promote Bitcoin adoption; simply "liking Bitcoin" is not enough. He said at the New York Bitcoin Investor Week Conference that although Trump signed an executive order in 2025 to establish a strategic Bitcoin reserve, the U.S. government has yet to initiate a new Bitcoin purchase plan, with most holdings still coming from law enforcement confiscated assets. (Cointelegraph)
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Former Trump administration crypto policy advisor David Bailey stated that there is still significant room for the U.S. government to promote Bitcoin adoption; simply "liking Bitcoin" is not enough. He said at the New York Bitcoin Investor Week Conference that although Trump signed an executive order in 2025 to establish a strategic Bitcoin reserve, the U.S. government has yet to initiate a new Bitcoin purchase plan, with most holdings still coming from law enforcement confiscated assets. (Cointelegraph)