President Donald Trump said earlier today that Bitcoin could one day play a role in the new Trump Accounts savings plan, telling reporters that “something could happen” when asked if the accounts could hold cryptocurrency.
Trump made the comments Monday during an Oval Office event to mark the launch of Trump’s accounts. In the first event of its kind, he rang the opening bells for both the New York Stock Exchange and Nasdaq from the Oval Office, a joint bell ringing that had not been done since the White House.
He was joined by Treasury Secretary Scott Bessent, Securities and Exchange Commission Chairman Paul Atkins, the leaders of the NYSE and Nasdaq, and tech giant Michael Dell and his wife, Susan, who pledged more than $6 billion to add to the accounts.
What Trump said about bitcoin
Pressed on whether there were any plans to add Bitcoin to accounts, Trump did not commit to a timeline but used the opportunity to explain his shift to digital assets.
“Well, I’m a big crypto guy. I’ve been a big crypto guy for one reason,” he said. “If we don’t have it, China will have it, and they’d like to have it. But now they’re not even trying this hard because we’ve taken crypto, but I’m a fan.”
Trump said his interest grew over time. “I wasn’t a beginner. I didn’t know much about it, but in some of my first quarters I didn’t go in, I wasn’t involved that much, but I watched,” he said.
He praised the size of the sector and its appeal to voters for pulling him: “I saw that there are many people who are interested in crypto and even me as an entrepreneur, I see a lot of money starting to come in with Bitcoin.”
He said Bitcoin was being used “at a level that no one…really understood” and reiterated his framework for competition with China.
The president also turned to other subjects. He said the United States is leading China in artificial intelligence, leading him to allow power in data centers while criticizing wind power. He also confirmed that he spoke to FIFA President Gianni Infantino to demand a review of the red card suspension of American striker Folarin Balogun. FIFA’s independent governing body lifted the ban on Sunday, a decision that sparked opposition from Belgium and other sports figures. Belgium has appealed the postponement.
What are Trump accounts
Trump Accounts, created under the One Big Beautiful Bill Act that Trump signed in 2025 and referred to in Treasury directives as 530A accounts, were introduced on July 4, 2026. Each investment account is tax-deferred for a child.
On July 4, the government deposited one-time seed donations of $1,000 into the accounts of more than 500,000 children. Children born between January 1, 2025, and December 31, 2028, who are US citizens are eligible for that federal deposit, and families can contribute up to $5,000 per year. Funds are locked in until age 18, when the account is converted to an individual retirement account.
Trump’s record in crypto
These remarks are consistent with the pattern of Trump’s second term. In March 2025, he signed an executive order establishing the Strategic Bitcoin Reserve and the US Digital Asset Stockpile, which mandated that Bitcoin seized through confiscation should be kept rather than sold; The government held more than 207,000 Bitcoin at that time, with a value close to $17 billion.
In July 2025, he signed the GENIUS Act, the first major federal crypto law, setting the framework for stablecoin payments. His administration eased Biden’s tenure at the Justice Department and the SEC and rolled back restrictions on banks’ crypto activities. A broader market structure bill, the CLARITY Act, remains in Congress.
