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Trump wants the US to become a Bitcoin whale, but Congress controls the wallet

▶ CryptoSlate Aug 20, 2026 Aug 20 👁 1 views
Trump wants the US to become a Bitcoin whale, but Congress controls the wallet
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President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies. Current law gives his administration several ways to increase federal crypto holdings, though no public authority gives Treasury a funded… President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies. Current law gives his administration several ways to increase federal crypto holdings, though no public authority gives Treasury a funded program for multibillion-dollar open-market purchases. For Bitcoin, Trump's 2025 executive order already directs Treasury and […] The post Trump wants the US to become a Bitcoin whale, but Congress controls the wallet appeared first on CryptoSlate.
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