Is the US Bitcoin Reserve Plan Cancelled? White House Roadmap Reveals Surprising Omission

2025-07-31
Is the US Bitcoin Reserve Plan Cancelled? White House Roadmap Reveals Surprising Omission

In a move that may alter the trajectory of America's crypto policy, the White House has released a roadmap for what it calls the “golden age of digital assets.” However, one key element was conspicuously missing: any mention of a U.S. Bitcoin reserve or crypto stockpile.

This absence has raised eyebrows across the digital asset space, especially since President Donald Trump had previously proposed building a strategic crypto reserve including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).

So, is the U.S. government walking back its crypto stockpile ambitions? Let’s break down the fact sheet, what’s included, and—perhaps more tellingly, what’s left out.

Key Takeaways

  • The White House’s working group released a digital asset roadmap with no mention of a Bitcoin reserve.
  • The roadmap focuses on regulation, stablecoin frameworks, and crypto tax clarity.
  • It builds on the House’s Digital Asset Market Clarity Act and emphasizes implementation of the GENIUS Act.
  • Trump’s March executive order calling for a Bitcoin and crypto stockpile appears to have stalled or been deprioritized.
  • The omission could indicate a pivot toward regulatory infrastructure over state-backed crypto accumulation.

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What the White House Crypto Roadmap Includes

The fact sheet published by the President’s Working Group on Digital Asset Markets outlines several foundational elements for building a “golden age of crypto” in the United States. Among the most notable:

Support for Legislative Clarity

The working group explicitly endorses expanding on the Digital Asset Market Clarity Act, a bill that recently passed the House. 

The Senate is also working on a companion version with key differences. The roadmap signals strong intent to unify and advance both efforts into coherent law.

Full Implementation of the GENIUS Act

The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), signed into law earlier this year, is a centerpiece of the plan. It mandates that all U.S. stablecoins be:

  • Fully backed by U.S. dollars or highly liquid assets
  • Audited regularly
  • Issued under a federally regulated framework

Crypto Tax Reform

Another major element of the roadmap is simplifying digital asset taxation. 

The document argues for tax rules that align with crypto technology and reduce compliance burdens, both for individuals and businesses.

Read Also: GENIUS Act's Impact on U.S. Crypto Leadership

What’s Missing: The Bitcoin Reserve and Stockpile

While the roadmap makes broad strides in policy and regulatory clarity, it omits any reference to the strategic Bitcoin reserve first proposed by Trump earlier this year.

That plan, outlined in a March executive order, called for:

  • Building a digital asset stockpile through crypto obtained via forfeiture
  • Developing budget-neutral strategies to acquire additional BTC, XRP, SOL, ADA, and ETH
  • Protecting U.S. financial sovereignty against potential foreign accumulation of Bitcoin

This initiative appeared to signal a shift toward treating crypto not just as a speculative asset, but as a national strategic reserve—similar to gold or oil.

Its absence from the current roadmap has sparked speculation that:

  • The plan may have been shelved behind closed doors
  • Internal resistance from Treasury or the Fed may have blocked execution
  • The administration may be prioritizing regulatory groundwork over asset accumulation

Read Also: White House to Release Comprehensive Crypto Policy

Why This Matters for Crypto Investors

For months, the idea of a U.S. Bitcoin reserve injected optimism into long-term BTC bulls. It hinted at institutional-grade validation and potentially price-insensitive government buying.

Now, with the proposal’s omission, that narrative is weakened, at least for now. The White House appears focused on regulating, not stacking.

This may reassure traditional financial institutions pushing for regulatory clarity, but disappoint those hoping for nation-state level crypto adoption.

Could the Reserve Plan Still Happen?

It’s possible the reserve plan is not dead, just delayed. A more detailed version of the working group report is expected to be published soon, and could contain language about strategic reserves or crypto procurement.

Alternatively, Trump or Congress may reintroduce the proposal in a separate executive action or appropriations push. But for now, it’s clear that accumulation is not the top priority.

Read Also: The US is Planning a Gold-Bitcoin Reserve

Final Thoughts

The White House’s new roadmap for crypto in America leans hard into structure, compliance, and tax clarity. 

That’s great news for long-term crypto integration into the financial system, but it also marks a departure from the more aggressive strategies hinted at earlier this year.

For investors hoping for a nation-backed Bitcoin reserve to drive demand, this is a sobering update. 

Regulation is the road forward, not accumulation. But if the U.S. does eventually return to the reserve idea, it will likely do so on better-regulated, institutional-grade terms.

Stay tuned for the full report release, because the omission of Bitcoin today doesn’t mean the door is fully closed tomorrow.

FAQ

What is the US Bitcoin reserve?

It was a proposed plan by President Trump to accumulate Bitcoin and other digital assets into a government-managed strategic stockpile.

Is the Bitcoin reserve plan canceled?

While not officially canceled, the new White House roadmap does not mention the reserve, suggesting it may be deprioritized or delayed.

What is the GENIUS Act?

The GENIUS Act is a law that creates federal regulations for stablecoins, requiring full backing by USD and regular audits.

What is the Digital Asset Market Clarity Act?

It’s a legislative effort to define crypto assets and market structures, passed by the House and under discussion in the Senate.

Will the US still buy Bitcoin?

Currently, there’s no public confirmation that the U.S. will actively acquire Bitcoin. The reserve plan may be on hold.

Disclaimer: The content of this article does not constitute financial or investment advice.

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