Donald Trump hosted Crypto.com CEO Kris Marszalek to talk about Trump Bitcoin Reserve and Ohio Bitcoin bill could see State front run US Treasury.
The President-elect is making headlines in the Bitcoin
world as Donald Trump hosted Crypto.com CEO Kris Marszalek at Mar-a-Lago to discuss a groundbreaking cryptocurrency agenda.
With plans for a national Bitcoin reserve and a lineup of strategic appointments, Trump’s agenda points to one thing: repositioning the U.S. as a leader in the digital currency revolution.
Trump’s National Bitcoin Reserve Proposal With Crypto.com
Talk of a national Bitcoin reserve stole the show at Trump’s recent meeting with the Crypto.com execs. The concept has insiders buzzing, eyeing it as a power move to claim a leading role in digital asset adoption.
Marszalek shared glimpses of the discussion, which centered on the reserve and drafting a regulatory framework to back it. “This is a chance for the U.S. to reset the game in crypto,” he said afterward.
Trump has already signaled his crypto-friendly approach through strategic government appointments. He has tapped David Sacks, former PayPal COO, as his “AI and crypto czar,” and Paul Atkins, a former SEC commissioner, to lead the regulatory body. These appointments focus on modernization and crypto engagement, offering hope to an industry craving clearer guidelines.
The President-elect has also engaged major players like Coinbase CEO Brian Armstrong in discussions about crypto-related positions.
Facing a changing political climate, Crypto.com dropped its lawsuit against the SEC, originally sparked by a Wells notice earlier this year. The exchange’s spokesman cited potential collaboration with Trump’s team as a driving factor. This reflects growing hope that new policies could soften the harsh stand-off between crypto innovators and regulators.
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Even before the Trump bromance, Crypto.com has been muscling its way to the top of North America’s crypto exchange scene. Spot trading volume exploded from $34 billion in July to $134 billion by September, leaving competitors like Coinbase and Kraken in the dust.
The secret is a smorgasbord of over 378 tokens to trade, blowing past the sub-290 offerings of its rivals. Unsurprisingly, BTC and ETH lead the action, buoyed by USD and USDT pairs, as U.S. traders—making up a hefty quarter of site traffic—keep the gears turning.
“Crypto.com has captured the market with its diverse offerings and efficient trading environment,” noted a report from Kaiko Research.
Related: Bitcoin Hits Record $106K As Trump Teases US Bitcoin Strategic Reserve Plan
A Wave of Pro-Bitcoin Legislation Is Sweeping Through American State Legislatures
The excitement doesn’t stop at federal policy. States like Texas, Pennsylvania, and Ohio are proposing their own Bitcoin reserve bills. Ohio House Republican Derek Merrin recently introduced the Ohio Bitcoin Reserve Act, which allows the state treasury to hold BTC as part of its asset allocation.
“Bitcoin is revolutionizing finance and will reshape economies. This legislation sets the framework for Ohio to harness its potential,” Merrin stated.
Trump’s proposed Bitcoin reserve is just the surface of a deeper shift, sparking crypto momentum at every level of government. His early talks with industry heavyweights and promises of regulatory reform signal a clear change in course.
With major players like Crypto.com and supportive lawmakers in the mix, the U.S. is angling to dominate blockchain. If Trump Bitcoin Reserve plans hold, his 2025 crypto policy could finally drag digital assets into the mainstream spotlight.
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