China · Donald Trump · Bitcoin · U.S. Treasury · Scott Bessent · Bitcoin Magazine
President Trump Signals Openness to Bitcoin in Trump Accounts, Calls Himself ‘a Big Fan of Crypto’
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President Trump said Bitcoin could eventually be included in the new Trump Accounts savings program, calling himself "a big fan of crypto.
Key facts
- On July 4, the government deposited one-time $1,000 seed contributions into accounts for more than 500,000 children
- Trump Accounts, created under the One Big Beautiful Bill Act that Trump signed in 2025 and referred to in Treasury guidance as 530A accounts, launched July 4, 2026
- Children born between January 1, 2025, and December 31, 2028, who are U.S. citizens qualify for that federal deposit, and families can contribute up to $5,000 a year — He was joined by Treasury Secretary Scott Bessent, Securities and Exchange Commission Chairman Paul Atkins, leaders of the NYSE and Nasdaq, and technology executive Michael Dell and his wife, Susan
Summary
President Donald Trump said earlier today that Bitcoin could one day play a role in the new Trump Accounts savings program, telling reporters that “something could happen” when asked whether the accounts might hold the cryptocurrency. Trump made the comments Monday during an Oval Office ceremony marking the launch of Trump Accounts. He was joined by Treasury Secretary Scott Bessent, Securities and Exchange Commission Chairman Paul Atkins, leaders of the NYSE and Nasdaq, and technology executive Michael Dell and his wife, Susan, who pledged more than $6 billion to supplement the accounts. Pressed on whether there were plans to add Bitcoin to the accounts, Trump did not commit to a timeline but used the moment to describe his shift toward digital assets.