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In 2025, U.S. President Donald Trump signed the GENIUS Act into law, established a Strategic Bitcoin Reserve with 200,000 BTC worth $17 billion, and his family’s crypto ventures generated over $1 billion in profits even as critics called it the most corrupt presidency in history.
Trump’s transformation defined 2025.
He went from calling Bitcoin (CRYPTO: BTC) “a scam” to declaring himself the “Bitcoin President” while championing America’s dominance over China in digital assets.
“I noticed more and more you’re paying Bitcoin. People are saying it takes a lot of pressure off the dollar. And it’s a great thing for our country,” Trump said in June.
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Despite the endorsement, Trump admitted in November: “I know very little about it, other than one thing. It’s a huge industry.”
Trump’s administration also dismantled Biden-era crypto restrictions, withdrew SAB 121, closed over 10 SEC investigations, and pardoned Binance founder Changpeng “CZ” Zhao.
Trump signed an executive order establishing a Strategic Bitcoin Reserve on March 6, using approximately 200,000 Bitcoin from government seizures worth roughly $17 billion.
White House Crypto Czar David Sacks called it a “digital Fort Knox” for Bitcoin, while Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong called it “a historic moment for Bitcoin and crypto.”
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However, Polymarket traders assigned almost zero probability the reserve would become operational in 2025, with contracts dropping from over 60% early in the year to just 2% by year-end.
Trump initially promised on March 2 to establish a crypto reserve featuring XRP (CRYPTO: XRP), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and Cardano (CRYPTO: ADA).
The final order designated these as “Stockpile Assets” only, meaning the government could hold or sell them but not purchase.
Bitcoin emerged as the only cryptocurrency the U.S. could actively acquire.
Trump signed the Genius Act on July 19, creating the first federal stablecoin framework requiring full dollar backing and annual audits.
