During the Consensus 2025 event, the Executive Director at White House’s Council of Advisers for Digital Assets Bo Hines answered several key questions about the US government’s strategy regarding digital assets and Bitcoin in particular.
Among those, he dropped a message that is crucial for the crypto community to hear – the US government, he said, holds Bitcoin and is definitely not selling it. Besides, the White House is looking for ways to accumulate more BTC without placing any additional burden on American tax payers, as he stated earlier this year.
“We have recognized Bitcoin for its uniqueness and set it aside,” Hines told journalists. Besides, the president’s administration is watching out for developments in other cryptocurrency ecosystems and, Hines underscored, the government wants to “encourage that innovation.”
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However, “Bitcoin stands alone,” Bo Hines stressed once again. He confirmed that his “colleagues up on the Hill” recognize how important the adoption of Bitcoin and crypto is for the US and for the whole world. “We are talking about updating a very archaic payment rails that have existed for quite some time,” adding that the goal is to make payments in the US and in the world much faster and a lot more cost-efficient than they were in the past.
Earlier this year, US President Donald Trump signed an executive order to establish a National Strategic Bitcoin Reserve. By an order signed earlier, he also approved the creation of the Digital Asset Stockpile, which included not only Bitcoin, but also ETH, XRP, ADA, SOL, etc.
