U.S. Seeks to Make Bitcoin a Key Asset, Transforming the Future of Cryptocurrency

Top figures in the cryptocurrency industry have recently met with lawmakers in the United States to talk about legislative measures that could define the path forward for digital assets. Their conversations primarily focused on two major proposals: one to create a Strategic

Reserve, and another market structure bill related to regulation. These initiatives are in line with the Trump administration’s goal of making the U.S. the world’s hub for crypto innovation, tapping into the sector for economic advancement and technological growth.

The idea behind the Strategic Bitcoin Reserve, which is detailed in a White House executive order, is to formalize the federal government’s Bitcoin (BTC) holdings for strategic purposes. According to the order, the Treasury Department would oversee a dedicated reserve, holding onto the BTC as a reserve asset rather than selling it. At the same time, the U.S. Digital Asset Stockpile would be responsible for managing other digital currencies acquired through legal channels. This reflects a deliberate strategy to treat digital assets as valuable resources, much like gold or other traditional commodities.

Meanwhile, the House has approved a market structure bill that aims to clarify regulations for the crypto industry. This package, made up of three separate bills, seeks to bring oversight to stablecoins, define the regulatory roles of the SEC and CFTC, and prevent the Federal Reserve from launching a central bank digital currency (CBDC). The stablecoin proposal, in particular, requires issuers to maintain adequate reserves and adhere to anti-money laundering standards, steps considered vital for consumer confidence and a stable market. The broader bill also seeks to sort digital assets into categories—such as digital commodities, investment contract assets, and approved payment stablecoins—and assigns regulatory responsibility accordingly.

By passing these bills, the House has moved the U.S. a step closer to building a transparent and comprehensive set of rules for digital assets. The CLARITY Act, another bill passed by the House, attempts to resolve ongoing disputes over the regulatory authority of the SEC and CFTC by introducing a layered system of oversight. This system clearly divides responsibilities based on how each asset is classified and functions. Nonetheless, some critics warn that this approach could create loopholes for regulatory arbitrage and possibly reduce protections for individual investors.

In the Senate, the GENIUS Act—which centers on regulating stablecoins—advanced with bipartisan backing, highlighting a shared recognition of the need for structured regulation in the crypto industry. The bill contains amendments designed to protect consumers and uphold ethical standards, addressing key concerns raised by Democrats. These updates, such as barring certain government employees from issuing stablecoins, are intended to avoid conflicts of interest and strengthen confidence in the financial system. While some Senate Republicans have expressed reservations about the changes, the fact that both parties support the effort points to potential progress, though the bill’s ultimate fate is still unclear.

Both industry stakeholders and legislators have noted the potential upsides of these new rules. Supporters believe that establishing clear and stable laws will encourage investment, drive innovation, and cement America’s leadership in the global digital asset sector. The CLARITY Act, as an example, is viewed as a key move towards building a market system that welcomes both professional and everyday investors. However, there are still hurdles to overcome, such as whether the CFTC is prepared to supervise spot markets and the risk of leaving regulatory gaps. The effectiveness of these reforms will ultimately depend on how well they safeguard investors and maintain market stability, all while fostering technological progress.