Search results for Trump Account
Crypto
U.S. bitcoin reserve design stalls amid authority dispute and congressional void
The United States’ plan for a strategic bitcoin reserve has yet to be finalised after 16 months, as the Treasury and Commerce departments vie for control and questions persist over Treasury’s legal authority. The White House says it has not decided on a final structure, while officials argue an executive order alone cannot advance the effort without legislation. A bill to codify the plan and acquire 1 million bitcoin over five years has not moved forward.
Crypto
Trump says bitcoin could be added to child investment accounts; if U.S. doesn\'t, China will
U.S. President Donald Trump for the first time publicly suggested bitcoin could be included in a government child tax-advantaged investment account, though no policy has been decided. Asked at a White House event launching the “Trump Account” programme, he said it “could happen.” Bitcoin rose about 1.8 percent. The account, created under a 2025 law, provides $1,000 for eligible children and restricts withdrawals until age 18.
Crypto
U.S. SEC commissioner predicts Clarity Act passage this summer as crypto regulation may accelerate
U.S. Securities and Exchange Commission Commissioner Hester Peirce predicted that the Clarity Act, aimed at establishing a crypto regulatory framework, could pass this summer. The bill has cleared the House and awaits Senate action. Peirce said it would create federal oversight for the crypto spot market and divide authority between the SEC and the CFTC. SEC Chair Paul Atkins also signaled a pro-market reform agenda and a shift toward supporting digital-asset innovation under U.S. law.
